Matteo Arduini - 03 Jan 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: 03 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 05 Jan 2024, 18:19:24 UTC
Previous filing: 02 Mar 2023
Next filing: 09 Jan 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	+434	+3.7%	$0.000000	12,179	03 Jan 2024	Direct

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	+4,834		$0.000000	4,834	03 Jan 2024	Common Stock	4,834	$0.000000	Direct	F1
transaction	HLIO	Restricted Stock Units	Award	$0	+8,154		$0.000000	8,154	03 Jan 2024	Common Stock	8,154	$0.000000	Direct	F2
transaction	HLIO	Restricted Stock Units	Options Exercise	$0	-434	-50%	$0.000000	435	03 Jan 2024	Common Stock	434	$0.000000	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The performance-based RSUs granted to the reporting person on January 3, 2024, represent the right to receive, following vesting, a number of shares of Common Stock up to 200% of the number of performance-based RSUs. 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 2024 and ending the last day of the fiscal year of 2026, subject to continuous employment with the Company through March 15, 2027
F2	Each RSU represents the right to receive, following vesting, one share of Common Stock. Unless earlier forfeited under the terms of the RSU, 3,320 RSUs shall vest and convert on April 1,2024, and 33-1/3% of the remainder of the awards will 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.
F4	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.