0001777847-19-000001.txt : 20190619
0001777847-19-000001.hdr.sgml : 20190619
20190619101405
ACCESSION NUMBER: 0001777847-19-000001
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20190614
FILED AS OF DATE: 20190619
DATE AS OF CHANGE: 20190619
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Menon Rajasekhar
CENTRAL INDEX KEY: 0001777847
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21835
FILM NUMBER: 19905326
MAIL ADDRESS:
STREET 1: 1500 WEST UNIVERSITY PARKWAY
CITY: SARASOTA
STATE: FL
ZIP: 34243
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HELIOS TECHNOLOGIES, INC.
CENTRAL INDEX KEY: 0001024795
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490]
IRS NUMBER: 592754337
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1219
BUSINESS ADDRESS:
STREET 1: 1500 WEST UNIVERSITY PKWY
CITY: SARASOTA
STATE: FL
ZIP: 34243
BUSINESS PHONE: 9413621200
MAIL ADDRESS:
STREET 1: 1500 WEST UNIVERSITY PKWY
CITY: SARASOTA
STATE: FL
ZIP: 34243
FORMER COMPANY:
FORMER CONFORMED NAME: SUN HYDRAULICS CORP
DATE OF NAME CHANGE: 19970423
3
1
primary_doc.xml
PRIMARY DOCUMENT
X0206
3
2019-06-14
0
0001024795
HELIOS TECHNOLOGIES, INC.
HLIO
0001777847
Menon Rajasekhar
1500 WEST UNIVERSITY PARKWAY
SARASOTA
FL
34243
0
1
0
0
Officer
Common Stock
0
D
Performance-Based Restricted Stock Units
Common Stock
3091
D
Restricted Stock Units
Common Stock
3090
D
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.
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.
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, second and third anniversaries of the grant date.
Each RSU represents the right to receive, following vesting, one share of Common Stock.
Gregory C. Yadley, as Attorney-in-Fact for Rajasekhar Menon
2019-06-19
EX-24
2
menonpoa.txt
POWER OF ATTORNEY
POWER OF ATTORNEY FOR SECTION 16 FILINGS
The undersigned, Rajasekhar Menon, an individual, (the "Undersigned")
does hereby make, constitute and appoint Gregory C. Yadley, Julio C.
Esquivel, and Willard A. Blair, and each of them acting individually,
his true and lawful attorneys for the purposes hereinafter set forth,
effective as of this 23rd day of May, 2019.
References in this power of attorney to "attorney-in-fact" are to each of
the persons named above and to the person or persons substituted
hereunder pursuant to the power of substitution granted herein.
The Undersigned hereby grants to the Attorney-in-Fact, for the
Undersigned and in his name, place and stead the power to:
(1) prepare, execute in the undersigned's name and on the
undersigned's behalf, and submit to the U.S. Securities and Exchange
Commission (the "SEC") a Form ID, including amendments thereto,
and any other documents necessary or appropriate to obtain codes,
passwords, and passphrases enabling the undersigned to make
electronic filings with the SEC of reports required by Section 16(a) of
the Securities Exchange Act of 1934 or any rule or regulation of the
SEC;
(2) execute for and on behalf of the undersigned, in the
undersigned's capacity as an officer and/or director of Sun Hydraulics
Corporation or one or more of its subsidiaries (the "Company"), Forms
3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange
Act of 1934 and the rules thereunder, and any other forms or reports the
undersigned may be required to file in connection with the
undersigned's ownership, acquisition, or disposition of securities of the
Company;
(3) do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete and
execute any such Form ID, 3, 4, or 5, or other form or report, complete
and execute any amendment or amendments thereto, and timely file
such form with the United States Securities and Exchange Commission
and any stock exchange or similar authority; and
(4) take any other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney-in-fact, may be of
benefit to, in the best interest of, or legally required by, the
undersigned, it being understood that the documents executed by such
attorney-in-fact on behalf of the undersigned pursuant to this Power of
Attorney shall be in such form and shall contain such terms and
conditions as such attorney-in-fact may approve in such attorney-in-
fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the
rights and powers herein granted, as fully to all intents and purposes as
the undersigned might or could do if personally present, with full power
of substitution or revocation, hereby ratifying and confirming all that
such attorney-in-fact, or such attorney-in-fact's substitute or substitutes,
shall lawfully do or cause to be done by virtue of this power of attorney
and the rights and powers herein granted. The undersigned
acknowledges that the foregoing attorneys-in-fact, in serving in such
capacity at the request of the undersigned, are not assuming, nor is the
Company assuming, any of the undersigned's responsibilities to comply
with Section 16 of the Securities Exchange Act of 1934. The
Undersigned shall indemnify and hold harmless each attorney-in-fact
for any exercise of the powers granted hereby.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect
to the undersigned's holdings of and transactions in securities issued by
the Company, unless earlier revoked by the undersigned in a signed
writing delivered to the foregoing attorneys-in-fact.
This Power of Attorney may be executed and delivered by facsimile,
PDF or other electronic transmission and shall be deemed to have the
same legal effect as delivery of an original signed copy of this Power of
Attorney.
IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed on the date first written above.
/s/ Rajasekhar Menon