HELIOS TECHNOLOGIES, INC. — Director's Dealing 2019

Feb 26, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SUN HYDRAULICS CORP (SNHY)
CIK: 0001024795
Period of Report: 2019-02-22

Reporting Person: DANGEL WOLFGANG H (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-22	Performance-Based Restricted Stock Units	$0	A	8456.5	Acquired		Common Stock (8456.5)	Direct
2019-02-22	Restricted Stock Units	$0	A	8456.5	Acquired		Common Stock (8456.5)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	49927.9008	Direct
Common Stock	145.511	Indirect

Footnotes

F1: Includes shares purchased through the Sun Hydraulics Corporation Employee Stock Purchase Plan (2.1175 during the quarter ended March 31, 2018, 469.1294 during the quarter ended June 30, 2018, 3.3938 during the quarter ended September 29, 2018, and 4.9384 during the quarter ended December 29, 2018).

F2: Reflects allocations of shares under the Sun Hydraulics Corporation Employee Stock Ownership Plan.

F3: 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.

F4: 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.

F5: Each RSU represents the right to receive, following vesting, one share of Common Stock.

F6: Unless earlier forfeited under the terms of the RSU, 33-1/3% of the awards vest and convert into Common Stock on each anniversary of the grant date.