PATRICK HARSHMAN - 15 Nov 2022 Form 4 Insider Report for HARMONIC INC (HLIT)

Role
President and CEO, Director
Signature
/s/ Laura Donovan By Attorney-in-Fact: Laura Donovan
Issuer symbol
HLIT
Transactions as of
15 Nov 2022
Net transactions value
-$309,636
Form type
4
Filing time
17 Nov 2022, 13:59:49 UTC
Previous filing
20 Sep 2022
Next filing
15 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLIT Common Stock Options Exercise $0 +31,791 +7.4% $0.000000 459,964 15 Nov 2022 Direct
transaction HLIT Common Stock Tax liability $228,627 -16,737 -3.6% $13.66 443,227 15 Nov 2022 Direct F1
transaction HLIT Common Stock Sale $81,008 -6,040 -1.4% $13.41 434,578 16 Nov 2022 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HLIT Restricted Stock Units Options Exercise $0 -15,236 -50% $0.000000 15,236 15 Nov 2022 Common Stock 15,236 $0.000000 Direct
transaction HLIT Restricted Stock Units Options Exercise $0 -16,555 -17% $0.000000 82,775 15 Nov 2022 Common Stock 16,555 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Harmonic Inc. common stock withheld by Harmonic Inc. to satisfy tax withholding obligation upon vesting of restricted stock units.
F2 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2022.
F3 Reflects an adjustment of 2,609 shares of common stock transferred to the reporting person's ex-spouse pursuant to a marital settlement agreement. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.