Matteo Arduini - Jan 3, 2024 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 3, 2024
Transactions value $
$0
Form type
4
Date filed
1/5/2024, 06:19 PM
Previous filing
Mar 2, 2023
Next filing
Jan 9, 2024

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% $0.00 12.2K Jan 3, 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 +4.83K $0.00 4.83K Jan 3, 2024 Common Stock 4.83K $0.00 Direct F1
transaction HLIO Restricted Stock Units Award $0 +8.15K $0.00 8.15K Jan 3, 2024 Common Stock 8.15K $0.00 Direct F2
transaction HLIO Restricted Stock Units Options Exercise $0 -434 -49.94% $0.00 435 Jan 3, 2024 Common Stock 434 $0.00 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.