0001209191-23-011234.txt : 20230221 0001209191-23-011234.hdr.sgml : 20230221 20230221165224 ACCESSION NUMBER: 0001209191-23-011234 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230217 FILED AS OF DATE: 20230221 DATE AS OF CHANGE: 20230221 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: 23649052 MAIL ADDRESS: STREET 1: HARMONIC INC STREET 2: 549 BALTIC WAY CITY: SUNNYVALE STATE: CA ZIP: 94089 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 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2023-02-17 0 0000851310 HARMONIC INC HLIT 0001216448 HARSHMAN PATRICK 2590 ORCHARD PARKWAY SAN JOSE CA 95131 1 1 0 0 President and CEO Common Stock 2023-02-17 4 M 0 274245 0.00 A 798644 D Common Stock 2023-02-17 4 F 0 144389 13.57 D 654255 D Restricted Stock Units 0.00 2023-02-17 4 A 0 149722 0.00 A 2024-02-15 2026-02-15 Common Stock 149722 149722 D These performance-based restricted stock units ("PRSUs") were granted on February 24, 2020, 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 274,245 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 28, 2021, upon the approval of the Compensation Committee of the Board of Directors of the Company on February 17, 2023. 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, 2024, 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/ Laura A Donovan By Attorney-in-Fact: Laura A Donovan 2023-02-21