Jason L. Morgan - 28 Feb 2023 Form 4 Insider Report for HELIOS TECHNOLOGIES, INC. (HLIO)

Reporting relationship: President, CVT
Issuer ticker: HLIO
Reported as of: 28 Feb 2023
Net transaction value: -$54,272
SEC form: 4
Accepted by SEC: 02 Mar 2023, 14:31:38 UTC
Prior SEC filing: 31 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Marc Greenberg, Attorney-in-Fact for Jason L. Morgan

Key filing fact

Jason L. Morgan filed Form 4 for HELIOS TECHNOLOGIES, INC. (HLIO) on 02 Mar 2023.

Key facts

This page summarizes Jason L. Morgan's Form 4 filing for HELIOS TECHNOLOGIES, INC. (HLIO).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Mar 2023, 14:31.

Change

Previous filing in this sequence was filed on 31 Jan 2023.
Current net transaction value: -$54,272.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HLIO transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +1,926
Change %: +63%
Price: $0.000000
Shares after: 5,006
Date: 28 Feb 2023
Ownership: Direct
Footnotes: F1

HLIO transaction

Common Stock

Tax liability

Transaction value: $44,314
Shares: -814
Change %: -16%
Price: $54.44
Shares after: 4,192
Date: 28 Feb 2023
Ownership: Direct
Footnotes: F2

HLIO transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +348
Change %: +8.3%
Price: $0.000000
Shares after: 4,540
Date: 28 Feb 2023
Ownership: Direct

HLIO transaction

Common Stock

Tax liability

Transaction value: $9,958
Shares: -147
Change %: -3.2%
Price: $67.74
Shares after: 4,393
Date: 28 Feb 2023
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HLIO transaction Derivative

Performance-Based Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,926
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 28 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,926
Exercise price
Footnotes: F1

HLIO transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -348
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 28 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 348
Exercise price
Footnotes: F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Acquired performance-based restricted stock units granted to the Reporting Person on February 28, 2020, as determined by the performance period beginning on the first day of the Company's 2020 fiscal year and ending on the last day of the Company's 2022 fiscal year, following subsequent financial approval of the payout percentage for the grant based on performance criteria. The payout percentage for the grant based on performance goals was 185%.

Footnote F2

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. Withholding of shares to cover taxes on the vesting was calculated pursuant to performance criteria for period ending on the last day of December 31, 2022.

Footnote F3

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.

Footnote F4

Each RSU represents the right to receive, following vesting, one share of Common Stock.

Footnote 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.