Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

HELIOS TECHNOLOGIES, INC. Director's Dealing 2019

Jun 19, 2019

31796_dirs_2019-06-19_9bccb10c-ff2c-46e2-a999-293fde66f90a.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: HELIOS TECHNOLOGIES, INC. (HLIO)
CIK: 0001024795
Period of Report: 2019-06-14

Reporting Person: Menon Rajasekhar (Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 0 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Performance-Based Restricted Stock Units $ Common Stock (3091) Direct
Restricted Stock Units $ Common Stock (3090) Direct

Footnotes

F1: 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.

F2: Each performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 150% of one share of Sun Hydraulics 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 December 28, 2019 and ending on the last day of the Company's fiscal year ending January 1, 2022.

F3: 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, second and third anniversaries of the grant date.

F4: Each RSU represents the right to receive, following vesting, one share of Common Stock.