Dharmesh Shah - Mar 1, 2023 Form 4 Insider Report for HUBSPOT INC (HUBS)

Role
Chief Technology Officer, Director
Signature
/s/ Marissa Donovan, attorney-in-fact
Stock symbol
HUBS
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 04:17 PM
Previous filing
Feb 21, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBS Common Stock Award $0 +4.64K +0.32% $0.00 1.44M Mar 1, 2023 Direct F1
holding HUBS Common Stock 16K Mar 1, 2023 See footnote. F2
holding HUBS Common Stock 26K Mar 1, 2023 See footnote. F3

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 HUBS Stock Option (right to buy) Award $0 +2.85K $0.00 2.85K Mar 1, 2023 Common Stock 2.85K $383.13 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired pursuant to a restricted stock unit award under the Company's 2014 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's Common Stock. The restricted stock units will vest over 4 years beginning on January 1, 2023, at a rate at 6.25% vesting every three months.
F2 Shares held by the Polaris I Trust, for which Dharmesh Shah serves as trustee. The reporting person disclaims beneficial ownership of these securities in excess of his pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F3 Shares held by the Polaris II Trust, for which Dharmesh Shah serves as trustee. The reporting person disclaims beneficial ownership of these securities in excess of his pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F4 This stock option vests over 4 years beginning on January 1, 2023, at a rate of 6.25% every three months.