HARVARD BIOSCIENCE INC — Director's Dealing 2016

Jul 6, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HARVARD BIOSCIENCE INC (HBIO)
CIK: 0001123494
Period of Report: 2016-07-01

Reporting Person: Green James W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-01	Common Stock	A	25300	$0.00	Acquired	53800	Direct
2016-07-01	Common Stock	A	800	$0.00	Acquired	54600	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2000	Indirect

Footnotes

F1: Represents a deferred stock award of 25,300 restricted stock units which fully vest on the earlier to occur of (i) the date of the Issuer's next Annual Meeting of Stockholders after July 1, 2016, immediately prior to the commencement of such meeting, and (ii) July 1, 2017.

F2: Includes (a) a deferred stock award of 25,300 restricted stock units which fully vest on the earlier of (i) the date of the Issuer's next Annual Meeting of Stockholders after July 1, 2016, immediately prior to the commencement of such meeting, and (ii) July 1, 2017; (b) a deferred stock award of 6,050 restricted stock units which vest quarterly in equal installments on September 30, 2016 and December 31, 2016; and (c) 22,450 shares of common stock held by the Reporting Person.

F3: Represents a deferred stock award of 800 restricted stock units which vest quarterly in equal installments on September 30, 2016 and December 31, 2016. This retainer award was granted in lieu and satisfaction of the annual cash retainer compensation to be earned by the director for his service on a committee of the Issuer's Board of Directors that the reporting person was appointed to following the 2016 annual meeting of stockholders. The number of shares of common stock subject to such retainer award is equal to the amount of cash that would have been received had the applicable retainer all been paid in cash, divided by the average daily closing market price of the Issuer's common stock for the month of April, rounded to the nearest 100 shares.

F4: Includes (a) a deferred stock award of 25,300 restricted stock units which fully vest on the earlier of (i) the date of the Issuer's next Annual Meeting of Stockholders after July 1, 2016, immediately prior to the commencement of such meeting, and (ii) July 1, 2017; (b) a deferred stock award of 6,050 restricted stock units which vest quarterly in equal installments on September 30, 2016 and December 31, 2016; (c) a deferred stock award of 800 restricted stock units which vest quarterly in equal installments on September 30, 2016 and December 31, 2016; and (d) 22,450 shares of common stock held by the Reporting Person.