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