UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Right to buy/stock option | 09/02/2015(1) | 09/06/2021 | Common Stock | 100,000 | $ 6.88 | D | Â |
Restricted Stock Units (2) | 09/02/2015(3) | 09/02/2016 | Common Stock | 50,000 | $ 0 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Spriester Bart 4300 NORTH FIRST STREET SAN JOSE, CA 95134 |
 |  |  SVP, Video Products |  |
/s/ Laura Donovan By Attorney-in-Fact: Laura Donovan | 02/17/2015 | |
**Signature of Reporting Person | Date |
* | 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) | Thirty three percent of the Shares subject to the Option are scheduled to vest twelve months after the Vesting Commencement Date, and one thirty sixth of the Shares subject to the Option are scheduled to vest monthly thereafter. |
(2) | Each restricted stock unit represents a contingent right to receive one share of HLIT common stock. |
(3) | Fifty percent of the shares subject to the restricted stock units are scheduled to vest on September 2, 2015, and the remaining fifty percent of the restricted stock units are scheduled to vest on September 2, 2016. |