Marc A. Greenberg - 03 Jan 2024 Form 4 Insider Report for HELIOS TECHNOLOGIES, INC. (HLIO)

Role
General Counsel and Secretary
Signature
Marc Greenberg
Issuer symbol
HLIO
Transactions as of
03 Jan 2024
Net transactions value
-$6,272
Form type
4
Filing time
05 Jan 2024, 18:24:54 UTC
Previous filing
31 Jan 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 +329 +39% $0.000000 1,172 03 Jan 2024 Direct
transaction HLIO Common Stock Tax liability $6,272 -147 -13% $42.67 1,025 03 Jan 2024 Direct F1, F2
holding HLIO Common Stock 58 03 Jan 2024 By 401(k) Plan Trust
holding HLIO Common Stock 166 03 Jan 2024 By Spouse

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 +5,156 $0.000000 5,156 03 Jan 2024 Common Stock 5,156 $0.000000 Direct F3
transaction HLIO Restricted Stock Units Award $0 +8,476 $0.000000 8,476 03 Jan 2024 Common Stock 8,476 $0.000000 Direct F4
transaction HLIO Restricted Stock Units Options Exercise $0 -329 -50% $0.000000 330 03 Jan 2024 Common Stock 329 $0.000000 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold - these shares were withheld by the issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.
F2 Includes shares purchased through the Helios Technologies, Inc. Employee Stock Purchase Plan.
F3 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
F4 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.
F5 Each RSU represents the right to receive, following vesting, one share of Common Stock.
F6 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.