secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0000851310-23-000106
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harmonic amends change of control severance agreement with Neven Haltmayer
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- Involuntary termination within 18 months after Change of Control triggers 100% base salary, bonus (greater of 100% target or 2-year avg), 1-year benefits, full equity acceleration.
- Upon a Video Transaction, 50% of unvested RSUs accelerate if employee remains employed through closing; separate severance for termination within 12 months.
- Agreement approved by compensation committee on Nov 30, 2023, replacing prior version dated March 2018.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000085131023000106/0000851310-23-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000085131023000106/hlit-20231130.htm
  HTML page:      https://secwatch.observer/filing/0000851310-23-000106

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer