Yamini Rangan - 03 Jul 2023 Form 4 Insider Report for HUBSPOT INC (HUBS)

Signature
/s/ Alyssa Harvey Dawson, attorney-in-fact
Issuer symbol
HUBS
Transactions as of
03 Jul 2023
Net transactions value
-$1,655,645
Form type
4
Filing time
05 Jul 2023, 21:10:47 UTC
Previous filing
23 Jun 2023
Next filing
06 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBS Common Stock Tax liability $1,655,645 -3,146 -4.9% $526.27 60,655 03 Jul 2023 Direct F1
* 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.