0000950170-24-017545.txt : 20240220 0000950170-24-017545.hdr.sgml : 20240220 20240220215652 ACCESSION NUMBER: 0000950170-24-017545 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240215 FILED AS OF DATE: 20240220 DATE AS OF CHANGE: 20240220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HARSHMAN PATRICK CENTRAL INDEX KEY: 0001216448 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25826 FILM NUMBER: 24656247 MAIL ADDRESS: STREET 1: 2950 ORCHARD PARKWAY CITY: SAN JOSE STATE: CA ZIP: 95131 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HARMONIC INC CENTRAL INDEX KEY: 0000851310 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 770201147 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4300 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4084906242 MAIL ADDRESS: STREET 1: 4300 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95134 FORMER COMPANY: FORMER CONFORMED NAME: HARMONIC LIGHTWAVES INC DATE OF NAME CHANGE: 19950404 4 1 ownership.xml 4 X0508 4 2024-02-15 0000851310 HARMONIC INC HLIT 0001216448 HARSHMAN PATRICK 2590 ORCHARD PARKWAY SAN JOSE CA 95131 true true false false President and CEO false Common Stock 2024-02-15 4 M false 297989 0 A 937734 D Common Stock 2024-02-15 4 F false 159199 13.67 D 778535 D Common Stock 2024-02-15 4 M false 80147 0 A 858682 D Common Stock 2024-02-15 4 F false 42757 13.67 D 780393 D Restricted Stock Units 0 2024-02-15 4 M false 16555 0 D 2022-02-15 2024-02-15 Common Stock 16555 0 D Restricted Stock Units 0 2024-02-15 4 M false 13684 0 D 2023-02-15 2025-02-15 Common Stock 13684 54735 D Restricted Stock Units 0 2024-02-15 4 M false 49908 0 D 2024-02-15 2026-02-15 Common Stock 49908 99814 D Restricted Stock Units 0 2024-02-16 4 A false 221953 0 A 2025-02-15 2027-02-15 Common Stock 221953 221953 D These performance-based restricted stock units ("PRSUs") were grated on February 16, 2021, with vesting based on the total stockholder return ("TSR") to holders of Company common stock during a three-year performance period that concluded on February 14, 2023. Based on the TSR over the the performance period, 150% of the shares underlying the PRSUs, or 297,989 shares, vested in accordance with the terms set forth in DEF 14A filed by the Company with the U.S. Securities and Exchange Commission on April 29, 2022, upon the approval of the Compensation Committee of the Board of Directors of the Company on February 15, 2024. Reflects an adjustment of 35,532 shares of common stock transferred to the reporting person's former spouse pursuant to a marital settlement agreement. The reporting person no longer reports as beneficially owned any securities owned by his former spouse. Each restricted stock unit represents a contingent right to receive one share of HLIT common stock. One third (33.33%) of the Shares subject to the Restricted Stock Units are scheduled to vest on February 15, 2025, and approximately 8.33% of the remaining Restricted Stock Units will vest each three months thereafter, so as to be 100% vested on the third anniversary of the RSU Vesting Commencement Date. /s/ Wendi Ninh, Attorney-in-Fact 2024-02-20