Yamini Rangan - 03 Sep 2024 Form 4 Insider Report for HUBSPOT INC (HUBS)

Signature
/s/ Alyssa Harvey Dawson, attorney-in-fact
Issuer symbol
HUBS
Transactions as of
03 Sep 2024
Net transactions value
-$412,934
Form type
4
Filing time
05 Sep 2024, 18:32:47 UTC
Previous filing
03 Jul 2024
Next filing
03 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBS Common Stock Tax liability $355,956 -718 -1.1% $495.76 67,319 03 Sep 2024 Direct F1
transaction HUBS Common Stock Sale $56,978 -116 -0.17% $491.19 67,203 04 Sep 2024 Direct F2
holding HUBS Common Stock 8,170 03 Sep 2024 See Footnote. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.
F2 This transaction reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted on 12/1/2023.
F3 Shares held by the KK 2024 GRAT Grantor Retained Annuity Trust dated March 1, 2024 for which the Reporting Person is the trustee.