William R. Sperry - Aug 2, 2023 Form 4 Insider Report for HUBBELL INC (HUBB)

Role
Executive VP and CFO
Signature
Katherine A. Lane, Attorney-in-fact for William R. Sperry
Stock symbol
HUBB
Transactions as of
Aug 2, 2023
Transactions value $
-$2,365,396
Form type
4
Date filed
8/4/2023, 04:51 PM
Previous filing
May 19, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBB Common Stock Options Exercise $789K +5.28K +10% $149.49 58K Aug 2, 2023 Direct
transaction HUBB Common Stock Options Exercise $1.62M +9.91K +17.07% $163.26 68K Aug 2, 2023 Direct
transaction HUBB Common Stock Tax liability -$3.5M -11.1K -16.4% $314.44 56.8K Aug 2, 2023 Direct F1
transaction HUBB Common Stock Sale -$1.27M -4.04K -7.11% $313.72 52.8K Aug 2, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HUBB Stock Appreciation Right Options Exercise $0 -5.28K -100% $0.00* 0 Aug 2, 2023 Common Stock 5.28K $149.49 Direct F3
transaction HUBB Stock Appreciation Right Options Exercise $0 -9.91K -66.66% $0.00 4.96K Aug 2, 2023 Common Stock 9.91K $163.26 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares withheld by the Issuer were calculated on the spread between the price of the SAR and the market price on the date the SAR was exercised. The payment of withholding taxes for the SAR that was exercised on this date was also included in this number.
F2 The transaction was executed in multiple trades at prices ranging from $312.90 to $314.485. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide, upon request, to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F3 The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 13, 2021.
F4 The stock appreciation right partially vested and became exercisable in three equal annual installments beginning on February 10, 2022.