Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
KENNEDY JOHN F
   2. Issuer Name and Ticker or Trading Symbol
HARVARD BIOSCIENCE INC [HBIO] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O HARVARD BIOSCIENCE, INC., 84 OCTOBER HILL ROAD		 3. Date of Earliest Transaction (Month/Day/Year)
05/20/2014
(Street)

HOLLISTON, MA 01746		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/20/2014   M   15,805 A $ 4.04 38,760 D  
Common Stock 05/20/2014   M   6,586 A $ 3.41 45,346 D  
Common Stock 05/20/2014   M   22,545 A $ 2.59 67,891 D  
Common Stock 05/20/2014   M   6,603 A $ 3.71 74,494 D  
Common Stock 05/20/2014   M   3,303 A $ 3.32 77,797 D  
Common Stock 05/20/2014   M   26,352 A $ 2.15 104,149 D  
Common Stock 05/20/2014   M   23,720 A $ 2.28 127,869 D  
Common Stock 05/20/2014   M   6,589 A $ 3.01 134,458 D  
Common Stock 05/20/2014   M   7,072 A $ 2.56 141,530 (1) D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock option (right to buy) $ 4.04 05/20/2014   M     15,805 (2)   (3) 06/02/2021 Common stock, par value $0.01 per share 15,805 $ 0 7,902 D  
Stock option (right to buy) $ 3.41 05/20/2014   M     6,586 (2)   (4) 05/22/2018 Common stock, par value $0.01 per share 6,586 $ 0 0 D  
Stock option (right to buy) $ 2.59 05/20/2014   M     22,545 (2)   (5) 06/04/2020 Common stock, par value $0.01 per share 22,545 $ 0 0 D  
Stock option (right to buy) $ 3.71 05/20/2014   M     6,603 (2)   (6) 05/24/2017 Common stock, par value $0.01 per share 6,603 $ 0 0 D  
Stock option (right to buy) $ 3.32 05/20/2014   M     3,303 (2)   (7) 06/04/2014 Common stock, par value $0.01 per share 3,303 $ 0 0 D  
Stock option (right to buy) $ 2.15 05/20/2014   M     26,352 (2)   (8) 05/26/2015 Common stock, par value $0.01 per share 26,352 $ 0 0 D  
Stock option (right to buy) $ 2.28 05/20/2014   M     23,720 (2)   (9) 05/21/2019 Common stock, par value $0.01 per share 23,720 $ 0 0 D  
Stock option (right to buy) $ 3.01 05/20/2014   M     6,589 (2)   (10) 05/25/2016 Common stock, par value $0.01 per share 6,589 $ 0 0 D  
Stock option (right to buy) $ 2.56 05/20/2014   M     7,072 (2)   (11) 06/01/2022 Common stock, par value $0.01 per share 7,072 $ 0 14,141 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
KENNEDY JOHN F
C/O HARVARD BIOSCIENCE, INC.
84 OCTOBER HILL ROAD
HOLLISTON, MA 01746		   X      

Signatures

 John F. Kennedy   05/29/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes (a) a deferred stock award of 7,777 restricted stock units which shall fully vest on May 31, 2014; and (b) a deferred stock award of 7,377 restricted stock units which vest in equal installments on June 1, 2014 and June 1, 2015; and (c) 126,376 shares of common stock held by the Reporting Person.
(2) Represents exercise of stock options granted pursuant to the Issuer's 2000 Stock Option and Incentive Plan, as amended.
(3) The options vest in three equal installments on June 2, 2012, 2013 and 2014.
(4) The options vested in three equal installments on May 22, 2009, 2010 and 2011.
(5) The options vested in three equal installments on June 4, 2011, 2012 and 2013.
(6) The options vested in three equal installments on May 24, 2008, 2009 and 2010.
(7) The options vested in three equal installments on June 4, 2005, 2006 and 2007.
(8) The options vested in three equal installments on January 1, 2006, 2007 and 2008.
(9) The options vested in three equal installments on May 21, 2010, 2011 and 2012.
(10) The options vested in three equal installments on May 25, 2007, 2008 and 2009.
(11) The options vest in three equal installments on June 1, 2013, 2014 and 2015.
 
Remarks:
This form is signed under power of attorney.

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