Michael A. Rossi - Dec 29, 2022 Form 4 Insider Report for HARVARD BIOSCIENCE INC (HBIO)

Role
Chief Financial Officer
Signature
/s/ David Sirois, by power of attorney
Stock symbol
HBIO
Transactions as of
Dec 29, 2022
Transactions value $
-$25,398
Form type
4
Date filed
1/3/2023, 05:16 PM
Previous filing
Jul 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HBIO Common Stock Tax liability -$8.06K -3.16K -1.17% $2.55 267K Dec 29, 2022 Direct F1, F2
transaction HBIO Common Stock Tax liability -$9.6K -3.76K -1.41% $2.55 264K Dec 29, 2022 Direct F3, F4
transaction HBIO Common Stock Tax liability -$7.74K -3.04K -1.15% $2.55 261K Dec 29, 2022 Direct F5, F6
* 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 that vested in part on December 29, 2022.
F2 Include (a) 20,681 restricted stock units that will vest in two equal installments on December 29, 2023 and 2024, (b) 21,545 restricted stock units that will vest on June 11, 2023, (c) 12,821 restricted stock units that will vest on December 29, 2023, (d) 65,592 restricted stock units with performance based vesting conditions, (e) 10,772 restricted stock units that will vest on December 29, 2023, and (f) 135,927 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 that vested in part on December 29, 2022.
F4 Includes (a) the shares and awards described in footnote (2) above, less (b) the disposition of shares reported in footnote (3) above.
F5 The shares were disposed of to satisfy the Reporting Person's tax withholding obligation in connection with a performance restricted stock unit award previously granted to the Reporting Person that vested in part on December 29, 2022.
F6 Includes (a) the shares and awards described in footnote (2) above, less (b) the disposition of shares reported in footnotes (3) and (5) above.

Remarks:

The Reporting Person resigned as Chief Financial Officer effective December 31, 2022.