James W. Green - 29 Dec 2021 Form 4 Insider Report for HARVARD BIOSCIENCE INC (HBIO)

Signature
/s/ David Sirois, by power of attorney
Issuer symbol
HBIO
Transactions as of
29 Dec 2021
Net transactions value
-$385,092
Form type
4
Filing time
30 Dec 2021, 15:17:32 UTC
Previous filing
15 Nov 2021
Next filing
03 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBIO Common Stock Disposed to Issuer $175,839 -24,187 -1.2% $7.27 2,053,761 29 Dec 2021 Direct F1, F2
transaction HBIO Common Stock Disposed to Issuer $209,252 -28,783 -1.4% $7.27 2,024,978 29 Dec 2021 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were disposed of to satisfy the Reporting Person's tax withholding obligation in connection with a restricted stock unit award previously granted to the Reporting Person which vested in part on December 29, 2021.
F2 Includes (a) 218,141 remaining restricted stock units that will vest on June 11, 2022 and 2023, (b) 129,799 restricted stock units that will vest in two equal installments on December 29, 2022 and 2023, (c) 109,070 remaining restricted stock units that will vest on December 29, 2022 and 2023, (d) 209,180 remaining restricted stock units that will vest on January 1, 2022 and 2023, (e) 605,035 restricted stock units with performance based vesting conditions tied to relative total shareholder return, and (f) 782,536 shares of common stock beneficially owned by the Reporting Person.
F3 The shares were disposed of to satisfy the Reporting Person's tax withholding obligation in connection with a restricted stock unit award previously granted to the Reporting Person which vested in part on December 29, 2021.
F4 Includes (a) the shares and awards described in footnote (2) above, less (b) the disposition of shares reported in footnote (3) above.