4//SEC Filing
HARMONIC INC 4
Accession 0001209191-17-022412
$HLITCIK 0000851310operating
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 6:14 PM ET
Size
8.7 KB
Accession
0001209191-17-022412
Insider Transaction Report
Form 4
HARMONIC INCHLIT
Spriester Bart
SVP, Video Products
Transactions
- Award
Performance Restricted Stock Units
2017-03-20+25,500→ 25,500 totalExercise: $0.00From: 2017-03-20Exp: 2020-03-15→ Common Stock (25,500 underlying) - Award
Restricted Stock Units
2017-03-20+59,500→ 59,500 totalExercise: $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
Issuer
HARMONIC INC
CIK 0000851310
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000851310
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 6:14 PM ET
- Size
- 8.7 KB