4//SEC Filing
Menon Rajasekhar 4
Accession 0001777847-20-000001
CIK 0001024795other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 12:31 PM ET
Size
15.8 KB
Accession
0001777847-20-000001
Insider Transaction Report
Form 4
Menon Rajasekhar
Officer
Transactions
- Exercise/Conversion
Common Stock
2020-04-01$34.50/sh+1,030$35,535→ 1,609.56 total - Tax Payment
Common Stock
2020-04-01$34.50/sh−251$8,660→ 1,358.56 total - Exercise/Conversion
Restricted Stock Units
2020-04-01−1,030→ 2,061 totalExercise: $0.00→ Common Stock (1,030 underlying)
Holdings
- 5,159
Performance-based Restricted Stock Units
→ Common Stock (5,159 underlying) - 2,579
Restricted Stock Units
→ Common Stock (2,579 underlying) - 2,579
Non-qualified Stock Options (right to buy)
Exercise: $39.75Exp: 2030-02-28→ Common Stock (2,579 underlying) - 3,090
Performance-based Restricted Stock Units
→ Common Stock (3,090 underlying)
Footnotes (9)
- [F1]Includes shares purchased through the Helios Technologies, Inc. Employee Stock Purchase Plan (2.2889 dividend reinvestment shares).
- [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.
- [F3]Restricted stock units granted to reporting person on 4/1/2019, 33-1/3% of the awards vest and convert into Common Stock on each of the first three anniversaries of the grant date.
- [F4]Performance-based restricted stock units granted to the reporting person on 4/1/2019, 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.
- [F5]Each performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 200% of one share of Helios Technologies 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 January 2, 2020 and ending on the last day of the Company's fiscal year ending December 31, 2022.
- [F6]Unless earlier forfeited under the terms of the performance-based RSU, each performance-based RSU vests and converts into no more than 200% of one share of Common Stock after the determination of the achievement of the performance goals during the three-year performance period beginning on the first day of the Company's fiscal year ending January 2, 2020 and ending on the last day of the Company's fiscal year ending December 31, 2022.
- [F7]Each RSU represents the right to receive, following vesting, one share of Common Stock.
- [F8]Unless earlier forfeited under the terms of the RSU, 33-1/3% of the awards vest and convert into Common Stock on each of the first three anniversaries of the grant date.
- [F9]Unless earlier forfeited under the terms of the Options, 33-1/3% of the options vest and become exercisable on each of the first three anniversaries of the grant date.
Documents
Issuer
HELIOS TECHNOLOGIES, INC.
CIK 0001024795
Entity typeother
Related Parties
1- filerCIK 0001777847
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 12:31 PM ET
- Size
- 15.8 KB