HELIOS TECHNOLOGIES, INC. — Director's Dealing 2024

Jan 6, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HELIOS TECHNOLOGIES, INC. (HLIO)
CIK: 0001024795
Period of Report: 2024-01-03

Reporting Person: Matosevic Josef (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-01-03	Common Stock	M	5386	$0.00	Acquired	39743	Direct
2024-01-03	Common Stock	F	2276	$42.67	Disposed	37502	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-01-03	Performance-Based Restricted Stock Units	$0.00	A	55660	Acquired		Common Stock (55660)	Direct
2024-01-03	Restricted Stock Units	$0.00	A	73589	Acquired		Common Stock (73589)	Direct
2024-01-03	Restricted Stock Units	$0.00	M	5386	Disposed		Common Stock (5386)	Direct

Footnotes

F1: 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.

F2: The number of direct shares has been reduced by 35 shares to correct the number of shares withheld from the Reporting Persons vesting dated January 3, 2023.

F3: The performance-based RSUs granted to the reporting person on January 3, 2024, represent the right to receive, following vesting, a number of shares of Common Stock up to 200% of the number of performance-based RSUs. 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 2024 and ending the last day of the fiscal year of 2026, subject to continuous employment with the Company through March 15, 2027

F4: Each RSU represents the right to receive, following vesting, one share of Common Stock. Unless earlier forfeited under the terms of the RSU, 17,929 RSUs shall vest and convert on April 1,2024, and 33-1/3% of the remainder of the awards will vest and convert into Common Stock on each of the first three anniversaries of the grant date.

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.