Matteo Arduini - Feb 25, 2022 Form 4 Insider Report for HELIOS TECHNOLOGIES, INC. (HLIO)

Role
President, QRC
Signature
/s/ Marc Greenberg, Attorney-in-Fact for Matteo Arduini
Stock symbol
HLIO
Transactions as of
Feb 25, 2022
Transactions value $
-$134,681
Form type
4
Date filed
3/1/2022, 06:34 PM
Previous filing
Feb 24, 2022
Next filing
Apr 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLIO Common Stock Options Exercise $0 +2.45K +361.45% $0.00 3.12K Feb 25, 2022 Direct F1
transaction HLIO Common Stock Tax liability -$119K -1.13K -36.17% $105.17 1.99K Feb 25, 2022 Direct F2
transaction HLIO Common Stock Options Exercise $0 +437 +21.92% $0.00 2.43K Feb 28, 2022 Direct
transaction HLIO Common Stock Tax liability -$15.8K -202 -8.31% $78.41 2.23K Feb 28, 2022 Direct F3

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 -2.45K -100% $0.00* 0 Feb 25, 2022 Common Stock 2.45K Direct F1
transaction HLIO Restricted Stock Units Options Exercise $0 -437 -50% $0.00 437 Feb 28, 2022 Common Stock 437 Direct F4, F5
* 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 the Reporting Person on February 22, 2019, as determined by the performance period beginning on the first day of the Company's fiscal year ending December 28, 2019 and ending on the last day of the Company's fiscal year ending January 1, 2022, following subsequent financial approval on February 25, 2022 of the payout percentage for the grant based on performance criteria. The payout percentage for the grant based on performance goals was 150%.
F2 2447 restricted stock units became fully vested on 2/25/2022, of which 1130 were converted to cash to satisfy tax withholding obligations. Tax withholding was calculated pursuant to performance criteria for period ending on the last day of January 1, 2022.
F3 437 restricted stock units became fully vested on 2/28/2022, of which 202 were converted to cash to satisfy tax withholding obligations.
F4 Each RSU represents the right to receive, following vesting, one share of Common Stock.
F5 Unless earlier forfeited under the terms of the RSU, 33-1/3% of the awards vest and convert into Common Stock on each anniversary of the grant date.