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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 1/1/20 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1123494 |
| Issuer Name: HARVARD BIOSCIENCE INC |
| Issuer Trading Symbol: HBIO |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1400121 |
| | Owner Name: Green James W |
| Reporting Owner Address: |
| | Owner Street 1: C/O HARVARD BIOSCIENCE, INC. |
| | Owner Street 2: 84 OCTOBER HILL ROAD |
| | Owner City: HOLLISTON |
| | Owner State: MA |
| | Owner ZIP Code: 01746 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Executive Officer |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 1/1/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 32,959 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 3.05 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 71,631 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,430,814 |
| Footnote ID: F3 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: by James W. Green Revocable Trust |
| Footnotes: |
| Footnote - F1: The shares were disposed to satisfy the Reporting Person's tax withholding obligation in connection with deferred stock awards previously granted to the Reporting Person which vested in part on January 1, 2020. |
| Footnote - F2: Reflects the transfer of 71,631 shares from the James W. Green Revocable Trust to James W. Green, individually. This reflects only a change in the form of beneficial ownership of the Reporting Person without affecting the Reporting Person's pecuniary interest in such shares and is, therefore, being voluntarily reported herein. |
| Footnote - F3: Includes (a) deferred stock award of 35,100 restricted stock units which fully vest on the earlier of (i) the date of the Issuer's next Annual Meeting of Stockholders after May 16, 2019, immediately prior to the commencement of such meeting, and (ii) May 23, 2020; (b) a deferred stock award of 202,875 restricted stock units which shall fully vest on July 8, 2020; (c) a deferred stock award of 243,072 restricted stock units which shall fully vest on July 8, 2021; (d) a deferred stock award of 313,770 restricted stock units which shall vest in three equal installments on January 1, 2021, 2022 and 2023; (e) a deferred stock award of 418,360 restricted stock units with performance based vesting conditions tied to relative total shareholder return; and (f) 217,637 shares of common stock beneficially owned by the Reporting Person. |
| Remarks: This form has been signed under power of attorney. |
| Owner Signature: |
| Signature Name: /s/ Chad Porter, by power of attorney |
| Signature Date: 1/3/20 |
