HARVARD BIOSCIENCE INC — Director's Dealing 2020

May 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HARVARD BIOSCIENCE INC (HBIO)
CIK: 0001123494
Period of Report: 2020-05-01

Reporting Person: Steele Susan M. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-01	Common Stock	A	9200	$0.00	Acquired	9200	Direct

Footnotes

F1: Represents an award of 9,200 restricted stock units that vests in three equal installments on each of June 30, 2020, September 30, 2020 and December 31, 2020. This retainer award was granted in lieu and satisfaction of the annual cash retainer compensation to be earned by the director for her service on the Issuer's Board of Directors during 2020. 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 February, rounded to the nearest 100 shares.