Harmonic Inc. Files Definitive Proxy Statement

TL;DR

Harmonic Inc. filed its proxy statement, shareholders vote soon.

AI Summary

Harmonic Inc. filed a Definitive Proxy Statement (DEFA14A) on May 24, 2024. This filing is related to the company's annual meeting and is not subject to a filing fee. Harmonic Inc. is headquartered at 4300 North First Street, San Jose, CA 95134.

Why It Matters

This filing provides shareholders with important information regarding the company's annual meeting, including proposals to be voted on and details about director nominations.

Risk Assessment

Risk Level: low — This is a routine regulatory filing for an annual shareholder meeting and does not contain new financial or strategic information that would typically indicate elevated risk.

Key Players & Entities

• HARMONIC INC (company) — Registrant
• 4300 NORTH FIRST STREET (location) — Business Address
• SAN JOSE (location) — City
• CA (location) — State
• 95134 (location) — ZIP Code
• HARMONIC LIGHTWAVES INC (company) — Former Company Name

FAQ

Filing Documents

• proxy.htm (DEFA14A) — 16KB
• 0000851310-24-000053.txt ( ) — 17KB

From the Filing

Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 HARMONIC INC. (Name of Registrant as Specified In Its Charter) Payment of Filing Fee (Check all boxes that apply) No fee required. Fee previously paid with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. HARMONIC INC. SUPPLEMENT TO PROXY STATEMENT FOR 2024 ANNUAL MEETING OF STOCKHOLDERS To Be Held at 900 a.m. Pacific Time on Tuesday, June 11, 2024 Dear Stockholders of Harmonic Inc. We are providing this proxy statement supplement (this "Supplement") to the proxy statement filed with the Securities Exchange Commission ("SEC") on April 29, 2024 (the "Proxy Statement"), for the 2024 annual meeting of stockholders (the "Annual Meeting") of Harmonic Inc., a Delaware corporation ("Harmonic" or the "Company"), to be held on Tuesday, June 11, 2024 at 900 a.m., Pacific Time. The Annual Meeting will be a virtual meeting held over the Internet. You will be able to attend the Annual Meeting, vote your shares electronically and submit your questions during the live webcast of the meeting by visiting www.virtualshareholdermeeting.comHLIT2024 and entering your 16-digit control number located on your proxy card. COMMITMENT TO BOARD DIVERSITY This Supplement is being provided to address an advisory report issued by the proxy advisory firm Institutional Shareholder Services ("ISS") on May 16, 2024. In its report, ISS recommends that stockholders vote against the re-election of David Krall, who is currently a member of the Company's Corporate Governance and Nominating Committee (the "Committee") of the board of directors (the "Board") and will serve as the chair of the Committee following the Annual Meeting, due to the loss of ethnic racial diversity on the Board following the Annual Meeting. As disclosed in the Company's Proxy Statement, the Committee seeks Board nominees with a broad diversity of experiences, professions, skills, geographic representation and backgrounds, including racial, ethnic and gender diversity, and considers relevant legal requirements relating to diversity. The Board believes that the backgrounds and qualifications of the directors, considered as a group, should provide a significant composite of experience, knowledge and abilities that will allow the Board to best fulfill its responsibilities. Consistent with these values, Harmonic is committed to appointing at least one racially or ethnically diverse Board member within 12 months after the Annual Meeting. VOTING MATTERS If you have already voted by Internet, telephone, or by mail, no action is required from you unless you wish to change your vote. If you are a stockholder of record, you can change your vote or revoke your proxy any time before the Annual Meeting by entering a new vote by Internet or by telephone completing and returning a later-dated proxy card notifying the Secretary of the Company, in writing, at Harmonic Inc., 2590 Orchard Parkway, San Jose, California 95131 or attending and voting at the Annual Meeting (although attendance at the Annual Meeting will not, by itself, revoke a proxy). If you are a street name stockholder, your broker, bank or other nominee can provide you with instructions on how to change your vote. The Supplement does not change the proposals to be acted upon at the Annual Meeting, which are described in the Proxy Statement. Except as described in this Supplement, the information disclosed in the Proxy Statement continues to apply. To the extent that information in this Supplement differs from information disclosed in the Proxy Statement, the information in this Supplement applies. The Proxy Statement, together with this Supplement, have been filed with the SEC and are also available on our website at httpsinvestor.harmonicinc.comfinancial-information. You may also obtain a copy of our 2023 Annual Report without charge by sending a written request to Harmonic Inc., Attention Corporate Secretary, 2590 Orchard Parkway, San Jose, California 95131. 1

View Full Filing

View this DEFA14A filing on SEC EDGAR