HARMONIC INC 4
4 · HARMONIC INC · Filed Mar 17, 2015
Insider Transaction Report
Form 4
HARMONIC INCHLIT
AVER CAROLYN V
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2015-03-13+31,333→ 31,333 totalExercise: $0.00From: 2016-02-15Exp: 2018-02-15→ Common Stock (31,333 underlying) - Award
Stock Option/Right to buy
2015-03-13$7.58/sh+93,333$707,464→ 93,333 totalExercise: $7.58From: 2016-02-15Exp: 2022-03-13→ Common Stock (93,333 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Harmonic common stock.
- [F2]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.
- [F3]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.