HARVARD BIOSCIENCE INC — Director's Dealing 2019

Jan 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HARVARD BIOSCIENCE INC (HBIO)
CIK: 0001123494
Period of Report: 2019-01-01

Reporting Person: Sun Yong (VP - Commercial Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-01	Common Stock	F	19339	$3.18	Disposed	242805	Direct

Footnotes

F1: The shares were disposed to satisfy the Reporting Person's tax withholding obligation in connection with deferred stock awards previously granted to the Reporting Person which vested in part on January 1, 2019.

F2: Includes (a) a deferred stock award of 16,875 restricted stock units which shall vest in three equal installments on January 1, 2020, 2021 and 2022; (b) a deferred stock award of 54,565 restricted stock units which shall vest in two equal installments on January 1, 2020 and 2021; (c) a deferred stock award of 22,252 restricted stock units which shall vest on January 1, 2020; (d) a deferred stock award of 22,500 restricted stock units with performance based vesting conditions, which shall vest in three equal installments on May 24, 2019, May 24, 2020 and May 24, 2021, contingent upon achievement of a performance condition tied to relative total shareholder return; and (e) 126,613 shares of common stock held by the Reporting Person.