0001209191-15-027271.txt : 20150317
0001209191-15-027271.hdr.sgml : 20150317
20150317192910
ACCESSION NUMBER: 0001209191-15-027271
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150313
FILED AS OF DATE: 20150317
DATE AS OF CHANGE: 20150317
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HARMONIC INC
CENTRAL INDEX KEY: 0000851310
STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HARSHMAN PATRICK
CENTRAL INDEX KEY: 0001216448
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25826
FILM NUMBER: 15708407
MAIL ADDRESS:
STREET 1: HARMONIC INC
STREET 2: 549 BALTIC WAY
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-03-13
0
0000851310
HARMONIC INC
HLIT
0001216448
HARSHMAN PATRICK
4300 NORTH FIRST STREET
SAN JOSE
CA
95134
1
1
0
0
President and CEO
Common Stock
2015-03-13
4
M
0
7000
5.86
A
403504
D
Common Stock
2015-03-13
4
M
0
41674
5.86
A
445175
D
Common Stock
2015-03-13
4
S
0
35724
7.5761
D
409451
D
Restricted Stock Units
0.00
2015-03-13
4
A
0
60000
0.00
A
2016-02-15
2018-02-15
Common Stock
60000
60000
D
Stock Option/Right to buy
7.58
2015-03-13
4
A
0
266667
7.58
A
2016-02-15
2022-03-13
Common Stock
266667
266667
D
Restricted Stock Units
0.00
2015-03-13
4
A
0
60000
0.00
A
2016-02-15
2016-02-15
Common Stock
60000
60000
D
Stock Option/Right to buy
5.86
2015-03-13
4
M
0
48674
5.86
D
2006-05-03
2015-05-03
Common Stock
48674
0
D
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.
/s/ Laura Donovan
By Attorney-in-Fact: Laura Donovan
2015-03-17