0001209191-17-039069.txt : 20170612
0001209191-17-039069.hdr.sgml : 20170612
20170612135822
ACCESSION NUMBER: 0001209191-17-039069
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170608
FILED AS OF DATE: 20170612
DATE AS OF CHANGE: 20170612
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: Kalra Sanjay
CENTRAL INDEX KEY: 0001504670
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25826
FILM NUMBER: 17905822
MAIL ADDRESS:
STREET 1: HARMONIC INC.
STREET 2: 4300 NORTH FIRST STREET
CITY: SAN JOSE
STATE: CA
ZIP: 95134
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-06-08
0
0000851310
HARMONIC INC
HLIT
0001504670
Kalra Sanjay
4300 NORTH FIRST STREET
SAN JOSE
CA
95134
0
1
0
0
Chief Financial Officer
Restricted Stock Units (RSU)
0.00
2017-06-08
4
A
0
50000
0.00
A
2018-06-08
2020-06-08
Common Stock
50000
50000
D
Performance Restricted Stock Units (PRSU)
0.00
2017-06-08
4
A
0
25000
0.00
A
2017-06-08
2020-03-15
Common Stock
25000
25000
D
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 June 8, 2018, 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.
Each performance restricted stock unit, or PRSU, represents a contingent right to receive one share of HLIT common stock.
If the closing price of HLIT's common stock, as quoted on the NASDAQ Stock Market, equals or exceeds certain stock price thresholds for at least 20 consecutive trading days (the "Minimum Trading Period"), then 25% of the PRSUs will vest on the final day of the Minimum Trading Period. If the stock price threshold for which the Minimum Trading Period has been satisfied exceeds one or more other stock price thresholds for which the PRSU award has not already vested, then the vesting associated with all such stock price thresholds shall occur as of the close of market on the final day of the Minimum Trading Period.
/s/ Laura Donovan
By Attorney-in-Fact Laura Donovan
2017-06-12