Josep Llorens - May 16, 2022 Form 4 Insider Report for HAEMONETICS CORP (HAE)

Signature
/s/ Thomas V. Powers, attorney-in-fact for Mr. Llorens
Stock symbol
HAE
Transactions as of
May 16, 2022
Transactions value $
-$6,003
Form type
4
Date filed
5/18/2022, 05:01 PM
Previous filing
Sep 9, 2021
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HAE Common Stock Sale -$6K -107 -0.74% $56.10 14.4K May 16, 2022 Direct F1, F2
transaction HAE Common Stock Award +4.34K +30.11% 18.8K May 16, 2022 Direct F2, F3, F4

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 HAE Non-qualified Stock Option (Right to Buy) Award $0 +10.1K $0.00 10.1K May 16, 2022 Common Stock 10.1K $57.60 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of certain restricted stock units ("RSUs") previously reported in Table I following the date of grant. This sale is mandated by the Issuer's election under its 2005 Long Term Incentive Compensation Plan (as amended) to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F2 This number includes unvested RSUs previously reported.
F3 The securities awarded are in the form of RSUs issued pursuant to the Haemonetics Corporation 2019 Long-Term Incentive Compensation Plan. The RSUs vest in annual increments of 25% beginning on the first anniversary of the date of grant.
F4 Each RSU represents a contingent right to receive one (1) share of the Issuer's common stock when vested.
F5 Option vests in annual increments of 25% beginning on the first anniversary of the date of grant.