HELIOS TECHNOLOGIES, INC. — Director's Dealing 2023

Mar 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HELIOS TECHNOLOGIES, INC. (HLIO)
CIK: 0001024795
Period of Report: 2023-02-28

Reporting Person: Matosevic Josef (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-28	Common Stock	M	20408	$0.00	Acquired	37814	Direct
2023-02-28	Common Stock	F	8031	$54.44	Disposed	29783	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-28	Performance-Based Restricted Stock Units	$	M	20408	Disposed		Common Stock (20408)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	35.23	Indirect

Footnotes

F1: Acquired performance-based restricted stock units granted to the Reporting Person on February 28, 2020, as determined by the performance period beginning on the first day of the Company's 2020 fiscal year and ending on the last day of the Company's 2022 fiscal year, following subsequent financial approval of the payout percentage for the grant based on performance criteria. The payout percentage for the grant based on performance goals was 199%.

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. Withholding of shares to cover taxes on the vesting was calculated pursuant to performance criteria for period ending on the last day of December 31, 2022.

F3: The reporting person disclaims Section 16 beneficial ownership over the securities reported except to the extent of his pecuniary interest therein,
if any.