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SEC FILE NUMBER |
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CUSIP NUMBER |
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
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(Check one): |
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o Form 10-K
o Form 20-F
o Form 11-K
ž Form 10-Q
o Form 10-D
o Form N-SAR
o Form N-CSR
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For Period Ended: |
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March 30, 2007 |
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o Transition Report on Form 10-K |
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o Transition Report on Form 20-F |
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o Transition Report on Form 11-K |
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o Transition Report on Form 10-Q |
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o Transition Report on Form N-SAR |
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For the Transition Period Ended:
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Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the Item(s) to which
the notification relates:
PART I — REGISTRANT INFORMATION
Full Name of Registrant
Former Name if Applicable
Address of Principal Executive Office (Street and Number)
City, State and Zip Code
PART II — RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and
the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
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ž |
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(a)
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The reason described in reasonable detail in Part III of this form could not be
eliminated without unreasonable effort or expense |
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(b)
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The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
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(c)
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The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
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PART III — NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
In connection with the preparation of its quarterly report on Form 10-Q for the three month period ended
March 30, 2007
(the
“Quarterly Report”), Harmonic Inc., a Delaware corporation (the
“Company”), identified errors in the amount of stock-based compensation expense that was being reported in its
consolidated statement of operations for the period covered by the Quarterly Report. These errors were in an aggregate amount of approximately $76,000, and resulted primarily from
incorrect data being entered into
the Company’s equity ownership reporting system with respect to two stock option grants made during the period covered by the Quarterly
Report. During the process of entering data with respect to two stock option grants, an employee at
the Company inadvertently input incorrect vesting information for
such stock options. These mistakes caused
the Company to record a higher amount of stock-based compensation expense than it would have recorded if the proper
vesting information had been entered into
the Company’s equity ownership reporting system. However,
these mistakes in the entering of vesting data into
the Company’s equity ownership reporting system with respect to these two stock options did not affect
the exercise price, the grant date, or any other terms of such stock
options.
The Company very recently became aware of the errors in the amount
of stock-based compensation expense it was recording in its consolidated statement of operations as it was preparing to complete its financial statements
for inclusion in the Quarterly Report. However, due to the error,
the Company needs additional time to revise its consolidated statement of operations,
and related disclosure in the Quarterly Report, to reflect the accurate amount of stock-based compensation expense for the period covered by the
Quarterly Report.
The Company intends to file the Quarterly Report on or before the fifth calendar day following the prescribed due date of
May 9, 2007.
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SEC 1344 (03-05) |
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Persons who are to 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.
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