HELIOS TECHNOLOGIES, INC. — Director's Dealing 2020

Apr 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HELIOS TECHNOLOGIES, INC. (HLIO)
CIK: 0001024795
Period of Report: 2020-04-01

Reporting Person: Menon Rajasekhar (Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-01	Common Stock	M	1030	$34.5	Acquired	1609.56	Direct
2020-04-01	Common Stock	F	251	$34.5	Disposed	1358.56	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-01	Restricted Stock Units	$0	M	1030	Disposed		Common Stock (1030)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance-based Restricted Stock Units	$		Common Stock (3090)	3090	Direct
Performance-based Restricted Stock Units	$		Common Stock (5159)	5159	Direct
Restricted Stock Units	$		Common Stock (2579)	2579	Direct
Non-qualified Stock Options (right to buy)	$39.75	2030-02-28	Common Stock (2579)	2579	Direct

Footnotes

F1: Includes shares purchased through the Helios Technologies, Inc. Employee Stock Purchase Plan (2.2889 dividend reinvestment shares).

F2: No shares were sold - these shares were withheld by the issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.

F3: Restricted stock units granted to reporting person on 4/1/2019, 33-1/3% of the awards vest and convert into Common Stock on each of the first three anniversaries of the grant date.

F4: Performance-based restricted stock units granted to the reporting person on 4/1/2019, 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 performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 200% of one share of Helios Technologies 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 January 2, 2020 and ending on the last day of the Company's fiscal year ending December 31, 2022.

F6: Unless earlier forfeited under the terms of the performance-based RSU, each performance-based RSU vests and converts into no more than 200% of one share of Common Stock after the determination of the achievement of the performance goals during the three-year performance period beginning on the first day of the Company's fiscal year ending January 2, 2020 and ending on the last day of the Company's fiscal year ending December 31, 2022.

F7: Each RSU represents the right to receive, following vesting, one share of Common Stock.

F8: 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 three anniversaries of the grant date.

F9: Unless earlier forfeited under the terms of the Options, 33-1/3% of the options vest and become exercisable on each of the first three anniversaries of the grant date.