HELIOS TECHNOLOGIES, INC. — Director's Dealing 2021

Feb 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HELIOS TECHNOLOGIES, INC. (HLIO)
CIK: 0001024795
Period of Report: 2021-01-28

Reporting Person: Fulton Tricia L (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-28	Performance-Based Restricted Stock Units	$0	A	5853	Acquired		Common Stock (5853)	Direct
2021-01-28	Restricted Stock Units	$0	A	2926	Acquired		Common Stock (2926)	Direct
2021-01-28	Non-qualified Stock Options (right to buy)	$55.03	A	2926	Acquired		Common Stock (2926)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	48623.5967	Direct
Common Stock	5716.854	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Common Stock (7740)	7740	Direct
Performance-Based Restricted Stock Units	$0		Common Stock (6478)	6478	Direct
Restricted Stock Units	$0		Common Stock (3239)	3239	Direct
Non-qualified Stock Options (right to buy)	$39.75		Common Stock (3239)	3239	Direct
Restricted Stock Units	$0		Common Stock (3442)	3442	Direct
Performance-based Restricted Stock Units	$0		Common Stock (5162)	5162	Direct

Footnotes

F1: Reflects allocations of shares under the Helios Technologies Inc. 401(k) Retirement Plan.

F2: 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 fiscal year of 2021 and ending on the last day of the fiscal year of 2023.

F3: Each RSU represents the right to receive, following vesting, one share of Common Stock. 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.

F4: 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.

F5: Each RSU granted to reporting person on 4/27/2020 represents the right to receive, following vesting, one share of Common Stock. Unless earlier accelerated or forfeited under the terms of the RSU granted to reporting person on 4/27/2020, 100% of the awards vest and convert into Common Stock twenty four months from the grant date.

F6: Each performance-based RSU granted to reporting person on 2/28/2020 represents the right to receive, following vesting, up to 200% of one share of 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 fiscal year of 2020 and ending on the last day of the fiscal year of 2022.

F7: Each RSU granted to reporting person on 2/28/2020 represents the right to receive, following vesting, one share of Common Stock. 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.

F8: Stock options granted to reporting person on 2/28/2020, 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.

F9: Restricted stock units granted to reporting person on 2/22/2019, 33-1/3% of the awards vest and convert into Common Stock on each of the first three anniversaries of the grant date.

F10: Each performance-based RSU granted to reporting person on 2/22/2019 represents the right to receive, following vesting, up to 150% of one share of 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 fiscal year of 2019 and ending on the last day of the fiscal year of 2021.