Brian Halligan - 21 May 2024 Form 4 Insider Report for HUBSPOT INC (HUBS)

Signature
/s/ Alyssa Harvey Dawson, attorney-in-fact
Issuer symbol
HUBS
Transactions as of
21 May 2024
Net transactions value
-$4,915,040
Form type
4
Filing time
23 May 2024, 16:21:08 UTC
Previous filing
18 Apr 2024
Next filing
05 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBS Common Stock Options Exercise $295,460 +8,500 +1.6% $34.76 534,541 21 May 2024 Direct F1
transaction HUBS Common Stock Sale $5,210,500 -8,500 -1.6% $613.00 526,041 21 May 2024 Direct F1

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 Employee Stock Option (right to buy) Options Exercise $0 -8,500 -39% $0.000000 13,275 21 May 2024 Common Stock 8,500 $34.76 Direct F1, F2
* 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 This transaction reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted on 3/13/2023.
F2 This stock option is fully vested.