Matteo Arduini - Jan 6, 2023 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
Jan 6, 2023
Transactions value $
$0
Form type
4
Date filed
1/10/2023, 07:41 PM
Previous filing
Jan 5, 2023
Next filing
Jan 31, 2023

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 Award $0 +3.08K $0.00 3.08K Jan 6, 2023 Common Stock 3.08K $0.00 Direct F1
transaction HLIO Restricted Stock Units Award $0 +3.08K $0.00 3.08K Jan 6, 2023 Common Stock 3.08K $0.00 Direct F2
transaction HLIO Restricted Stock Units Award $0 +3K $0.00 3K Jan 6, 2023 Common Stock 3K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted to reporting person on January 6, 2023, 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 2023 and ending the last day of the fiscal year of 2025, providing continuous employment with the Company through March 15, 2026.
F2 Each RSU represents the right to receive, following vesting, one share of Common Stock. Unless earlier forfeited under the terms of the RSU, 33-1/3% of the awards vest and convert into Common Stock on each of the first three anniversaries of the grant date.
F3 Each RSU represents the right to receive, following vesting, one share of Common Stock. Unless earlier forfeited under the terms of the RSU, 100% of the awards vest and convert into Common Stock on the first anniversary of the grant date.