Spriester Bart 4
4 · HARMONIC INC · Filed Aug 17, 2017
Insider Transaction Report
Form 4
HARMONIC INCHLIT
Spriester Bart
SVP, Video Products
Transactions
- Exercise/Conversion
Restricted Stock Unit
2017-08-15−2,600→ 2,599 totalExercise: $0.00From: 2016-02-15Exp: 2018-02-15→ Common Stock (2,600 underlying) - Exercise/Conversion
Restricted Stock Unit
2017-08-15−4,528→ 9,056 totalExercise: $0.00From: 2017-02-15Exp: 2018-02-15→ Common Stock (4,528 underlying) - Sale
Common Stock
2017-08-16$3.47/sh−1,740$6,044→ 50,124 total - Exercise/Conversion
Common Stock
2017-08-15+2,600→ 48,335 total - Sale
Common Stock
2017-08-16$3.47/sh−999$3,470→ 47,336 total - Exercise/Conversion
Common Stock
2017-08-15+4,528→ 51,864 total
Footnotes (3)
- [F1]These shares of common stock were acquired upon the vesting of restricted stock units on 8/15/2017. These restricted stock units were initially granted to the Reporting Person on 3/13/2015, and were identified on a Form 4 filed by the Reporting Person on 3/17/2015.
- [F2]Represents the number of shares automatically sold to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its 1995 Stock Plan to enable the satisfaction of tax withholding obligations with funding from a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- [F3]These shares of common stock were acquired upon the vesting of restricted stock units on 8/15/2017. These restricted stock units were initially granted to the Reporting Person on 3/14/2016, and were identified on a Form 4 filed by the Reporting Person on 3/16/2016.