Dharmesh Shah - 01 Mar 2024 Form 4 Insider Report for HUBSPOT INC (HUBS)

Signature
/s/ Alyssa Harvey Dawson, attorney-in-fact
Issuer symbol
HUBS
Transactions as of
01 Mar 2024
Net transactions value
$0
Form type
4
Filing time
05 Mar 2024, 18:05:03 UTC
Previous filing
20 Feb 2024
Next filing
03 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBS Common Stock Award $0 +4,112 +0.29% $0.000000 1,401,370 01 Mar 2024 Direct F1
holding HUBS Common Stock 16,000 01 Mar 2024 See footnote. F2
holding HUBS Common Stock 11,000 01 Mar 2024 See footnote. F3
* 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 March 1, 2024, at a rate of 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.