Matteo Arduini - 22 Feb 2024 Form 4 Insider Report for HELIOS TECHNOLOGIES, INC. (HLIO)

Role
President, QRC
Signature
/s/ Marc Greenberg, Attorney-in-fact for Matteo Arduini
Issuer symbol
HLIO
Transactions as of
22 Feb 2024
Net transactions value
$0
Form type
4
Filing time
03 Apr 2024, 20:08:25 UTC
Previous filing
30 Jan 2024
Next filing
03 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLIO Common Stock Options Exercise $0 +4,382 +26% $0.000000 20,973 22 Feb 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HLIO Performance-Based Restricted Stock Units Options Exercise $0 -4,382 -100% $0.000000* 0 22 Feb 2024 Common Stock 4,382 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired performance-based restricted stock units granted to reporting person on January 28, 2021, which represent the right to receive, following vesting, up to 200% of one share of the Company's Common Stock. The number of shares of Common Stock acquired upon vesting of the performance-based RSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee over a three-year performance period beginning on the first day of the fiscal year of 2021 and ending on the last day of the fiscal year of 2023. The payout percentage for the grant based on performance goals was 190%

Remarks:

This late Form 4 is being filed due to an administrative oversight.