Home > Insider Trading > Filing (0001209191-15-027271)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
851310	Harmonic Inc	HLIT	Radio & Tv Broadcasting & Communications Equipment (3663)	770201147

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1216448	Patrick Harshman	4300 North First Street San Jose CA 95134	President And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2015-03-13	7,000	$5.86	403,504	No	4	M	Direct
Common Stock	Acquisiton	2015-03-13	41,674	$5.86	445,175	No	4	M	Direct
Common Stock	Disposition	2015-03-13	35,724	$7.58	409,451	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Acquisiton	2015-03-13	60,000	$0.00	60,000	$0.00
Common Stock	Stock Option/Right to buy	Acquisiton	2015-03-13	266,667	$7.58	266,667	$7.58
Common Stock	Restricted Stock Units	Acquisiton	2015-03-13	60,000	$0.00	60,000	$0.00
Common Stock	Stock Option/Right to buy	Disposition	2015-03-13	48,674	$5.86	48,674	$5.86

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
60,000	2016-02-15	2018-02-15	No	4	A	Direct
266,667	2016-02-15	2022-03-13	No	4	A	Direct
60,000	2016-02-15	2016-02-15	No	4	A	Direct
0	2006-05-03	2015-05-03	No	4	M	Direct

Footnotes

Each restricted stock unit represents a contingent right to receive one share of Harmonic common stock.
Forty percent of the shares subject to the restricted stock units are scheduled to vest on February 15, 2016, and fifteen percent of the restricted stock units are scheduled to vest semi-annually thereafter so as to be 100% vested on February 15, 2018.
Twenty-five percent of the Shares subject to the Option are scheduled to vest twelve months after the Vesting Commencement Date, and one forty eighth of the Shares subject to the Option are scheduled to vest monthly thereafter.
The RSUs will vest between 50% and 100% of the total grant based on performance against the Company's fiscal year 2015 revenue targets, as determined by the Compensation Committee of the Company on or before 2/15/2016.
These shares of common stock were acquired upon the exercise of stock options on 3/13/2015 that were scheduled to expire on 5/03/2015. These options were initially granted to the Reporting Person on 5/3/2005, and were identified on a Form 4 filed by the Reporting Person on 5/4/2005.