Dharmesh Shah - Jun 3, 2024 Form 4 Insider Report for HUBSPOT INC (HUBS)

Signature
/s/ Alyssa Harvey Dawson, attorney-in-fact
Stock symbol
HUBS
Transactions as of
Jun 3, 2024
Transactions value $
-$15,594,935
Form type
4
Date filed
6/5/2024, 04:53 PM
Previous filing
Apr 3, 2024
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBS Common Stock Tax liability -$74.6K -125 -0.01% $597.15 1.4M Jun 3, 2024 Direct F1
transaction HUBS Common Stock Sale -$470K -800 -0.06% $588.01 1.4M Jun 3, 2024 Direct F2, F3
transaction HUBS Common Stock Sale -$473K -802 -0.06% $589.71 1.4M Jun 3, 2024 Direct F2, F4
transaction HUBS Common Stock Sale -$295K -500 -0.04% $590.59 1.4M Jun 3, 2024 Direct F2, F5
transaction HUBS Common Stock Sale -$447K -755 -0.05% $591.44 1.4M Jun 3, 2024 Direct F2, F6
transaction HUBS Common Stock Sale -$593K -1K -0.07% $593.03 1.4M Jun 3, 2024 Direct F2, F7
transaction HUBS Common Stock Sale -$743K -1.25K -0.09% $594.20 1.4M Jun 3, 2024 Direct F2, F8
transaction HUBS Common Stock Sale -$1.85M -3.1K -0.22% $595.01 1.39M Jun 3, 2024 Direct F2, F9
transaction HUBS Common Stock Sale -$1.34M -2.24K -0.16% $596.08 1.39M Jun 3, 2024 Direct F2, F10
transaction HUBS Common Stock Sale -$4.16M -6.96K -0.5% $597.02 1.38M Jun 3, 2024 Direct F2, F11
transaction HUBS Common Stock Sale -$1.83M -3.05K -0.22% $598.10 1.38M Jun 3, 2024 Direct F2, F12
transaction HUBS Common Stock Sale -$771K -1.29K -0.09% $599.14 1.38M Jun 3, 2024 Direct F2, F13
transaction HUBS Common Stock Sale -$717K -1.2K -0.09% $599.99 1.38M Jun 3, 2024 Direct F2, F14
transaction HUBS Common Stock Sale -$548K -912 -0.07% $601.33 1.38M Jun 3, 2024 Direct F2, F15
transaction HUBS Common Stock Sale -$569K -944 -0.07% $602.48 1.38M Jun 3, 2024 Direct F2, F16
transaction HUBS Common Stock Sale -$121K -200 -0.01% $603.58 1.38M Jun 3, 2024 Direct F2, F17
transaction HUBS Common Stock Sale -$182K -300 -0.02% $605.95 1.38M Jun 3, 2024 Direct F2, F18
transaction HUBS Common Stock Sale -$306K -500 -0.04% $612.78 1.37M Jun 3, 2024 Direct F2
transaction HUBS Common Stock Sale -$123K -200 -0.01% $615.01 1.37M Jun 3, 2024 Direct F2, F19
holding HUBS Common Stock 16K Jun 3, 2024 See footnote. F20
holding HUBS Common Stock 11K Jun 3, 2024 See footnote. F21
* 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 2/27/2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $587.95 to $588.41, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $589.20 to $590.08, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $590.27 to $590.87, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $591.35 to $591.67, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $592.52 to $593.48, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $593.58 to $594.55, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $594.59 to $595.54, inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $595.61 to $596.44, inclusive.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $596.63 to $597.59, inclusive.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $597.66 to $598.64, inclusive.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $598.71 to $599.68, inclusive.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $599.72 to $600.69, inclusive.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.80 to $601.77, inclusive.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $602.01 to $602.82, inclusive.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $603.57 to $603.58, inclusive.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $605.71 to $606.42, inclusive.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $615.00 to $615.01, inclusive. The reporting person undertakes to provide to HubSpot, Inc., any security holder of HubSpot, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (19) herein.
F20 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.
F21 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.