1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Stock Units
(1)
|
03/01/2017(2)
|
03/01/2020 |
Common Stock
|
45,000
|
$
0
|
D
|
Â
|
Restricted Stock Units
(1)
|
02/15/2018(3)
|
02/15/2019 |
Common Stock
|
1,250
|
$
0
|
D
|
Â
|
Restricted Stock Units
(1)
|
02/15/2019(4)
|
02/15/2021 |
Common Stock
|
50,000
|
$
0
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Each restricted stock unit represents a contingent right to receive one share of HLIT common stock. |
(2) |
Twenty five percent of the shares subject to the restricted stock units vested on March 1, 2017 and on March 1, 2018, and twenty five percent of the shares subject to the restricted stock units vest annually thereafter so as to be 100% vested on March 1, 2020. |
(3) |
Fifty percent of the Shares subject to the Restricted Stock Units vested on February 15, 2018, and twenty five percent of the Restricted Stock Units are scheduled to vest quarterly thereafter so as to be 100% vested on February 15, 2019. |
(4) |
Thirty three percent of the Shares subject to the Restricted Stock Unit (RSU) Grant are scheduled to vest February 15, 2019, and equal increments of the Shares subject to the RSU are scheduled to vest quarterly thereafter, until 100% vested as of February 15, 2021. |