Kenneth Fletcher Olson - Dec 29, 2021 Form 4 Insider Report for HARVARD BIOSCIENCE INC (HBIO)

Signature
/s/ David Sirois, by power of attorney
Stock symbol
HBIO
Transactions as of
Dec 29, 2021
Transactions value $
-$44,776
Form type
4
Date filed
12/30/2021, 03:19 PM
Previous filing
Nov 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBIO Common Stock Tax liability -$20.4K -2.81K -1.74% $7.27 159K Dec 29, 2021 Direct F1, F2
transaction HBIO Common Stock Tax liability -$24.3K -3.35K -2.11% $7.27 156K Dec 29, 2021 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were disposed of to satisfy the Reporting Person's tax withholding obligation in connection with the performance restricted stock unit award previously granted to the Reporting Person that vested in part on December 29, 2021.
F2 Includes (a) 36,756 remaining restricted stock units that will vest on June 11, 2022 and 2023, (b) 21,870 restricted stock units that will vest in two equal installments on December 29, 2022 and 2023, (c) 31,453 restricted stock units with performance based vesting conditions, (d) 18,378 remaining restricted stock units that will vest on December 29, 2022 and 2023, (e) 5,029 remaining restricted stock units that will vest on November 1, 2022, and (f) 45,456 shares of common stock beneficially owned by the Reporting Person (which includes 3,644 shares acquired under the Issuer's Employee Stock Purchase Plan).
F3 The shares were disposed of to satisfy the Reporting Person's tax withholding obligation in connection with the performance restricted stock unit award previously granted to the Reporting Person that vested in part on December 29, 2021.
F4 Includes (a) the shares and awards described in footnote (2) above, less (b) the disposition of shares reported in footnote (3) above.