HARMONIC INC 4

4 · HARMONIC INC · Filed Mar 22, 2017

Form 4

Period: 2017-03-20

SVP, Video Products

Transactions

Award
Performance Restricted Stock Units
2017-03-20+25,500→ 25,500 total
Exercise: $0.00From: 2017-03-20Exp: 2020-03-15→ Common Stock (25,500 underlying)
Award
Restricted Stock Units
2017-03-20+59,500→ 59,500 total
Exercise: $0.00From: 2018-02-15Exp: 2020-02-15→ Common Stock (59,500 underlying)

Footnotes (4)

[F1]Each restricted stock unit represents a contingent right to receive one share of HLIT common stock.
[F2]One-third of the RSUs vest on February 15, 2018 and the remaining RSUs vest in eight equal quarterly installments thereafter.
[F3]Each performance restricted stock unit, or PRSU, represents a contingent right to receive one share of HLIT common stock.
[F4]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.

Documents

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