HELIOS TECHNOLOGIES, INC. — Director's Dealing 2011

Jul 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SUN HYDRAULICS CORP (SNHY)
CIK: 0001024795
Period of Report: 2011-06-30

Reporting Person: LEMAITRE PHILIPPE (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-30	Stock Units	$	A	21.02	Acquired		Common Stock (21.02)	Direct

Footnotes

F1: Stock Units issued and held for the account of the reporting person under the Amended and Restated 2004 Nonemployee Director Equity and Deferred Compensation Plan (the "Plan"). In connection with any distribution to the reporting person under the Plan, Stock Units are payable in shares of common stock on a 1 for 1 basis. The reporting person is fully vested in all Stock Units issued to him and held for his account, and there is no expiration date.

F2: Pursuant to the Plan, each Stock Unit is entitled to receive the same dividends as a share of common stock. These Stock Units were issued to the reporting person pursuant to his election to receive Stock Units in lieu of the cash dividend declared by Sun Hydraulics in June 2011, which was payable to stockholders of record as of June 30, 2011. The cash dividend was payable on the number of Stock Units held after giving effect to the stock dividend declared in June 2011, which dividend provided for the issuance of one additional share for every two shares held of record on June 30, 2011. The number of Stock Units and the price of the Stock Units have been adjusted to give effect to the stock dividend.

F3: Includes 2,470.70 additional Stock Units received as a result of the stock dividend declared in June 2011.