4/A//SEC Filing
DANGEL WOLFGANG H 4/A
Accession 0001692276-20-000006
CIK 0001024795other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 12:02 PM ET
Size
9.4 KB
Accession
0001692276-20-000006
Insider Transaction Report
Form 4/AAmended
DANGEL WOLFGANG H
Director
Transactions
- Award
Performance-Based Restricted Stock Units
2019-02-22+8,456→ 8,456 totalExercise: $0.00→ Common Stock (8,456 underlying) - Award
Restricted Stock Units
2019-02-22+8,457→ 8,457 totalExercise: $0.00→ Common Stock (8,457 underlying)
Footnotes (5)
- [F1]Each performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 150% of one share of Sun Hydraulics common stock (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 Company's fiscal year ending December 28, 2019 and ending on the last day of the Company's fiscal year ending January 1, 2022.
- [F2]This filing corrects the filing made for the grant of the Performance-based RSUs and the RSUs made on February 22, 2019 and originally reported on a Form 4 filed on February 26, 2019. The original Form 4 reported that 8,456.5 performance-based RSUs were granted and 8,456.5 RSUs were granted. Because the issuer did not wish to issue fractional units, it actually issued 8,456 performance-based RSUs and 8,457 RSUs.
- [F3]Unless earlier forfeited under the terms of the performance-based RSU, each performance-based RSU vests and converts into no more than 150% of one share of Common Stock after the determination of the achievement of the performance goals during the three-year performance period ending on the last day of the Company's fiscal year ending January 1, 2022.
- [F4]Each RSU represents the right to receive, following vesting, one share of Common Stock.
- [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.
Documents
Issuer
HELIOS TECHNOLOGIES, INC.
CIK 0001024795
Entity typeother
Related Parties
1- filerCIK 0001466102
Filing Metadata
- Form type
- 4/A
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 12:02 PM ET
- Size
- 9.4 KB