Yamini Rangan - Jul 1, 2024 Form 4 Insider Report for HUBSPOT INC (HUBS)

Role
Chief Executive Officer & Pres, Director
Signature
/s/ Alyssa Harvey Dawson, attorney-in-fact
Stock symbol
HUBS
Transactions as of
Jul 1, 2024
Transactions value $
-$3,502,781
Form type
4
Date filed
7/3/2024, 07:18 PM
Previous filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction HUBS Common Stock -Tax liability -$1,797,295 -3,033 -4.1% $592.58 70,914 Jul 1, 2024 Direct F1
transaction HUBS Common Stock -Sell -$1,705,486 -2,877 -4.06% $592.80 68,037 Jul 2, 2024 Direct F2
holding HUBS Common Stock 8,170 Jul 1, 2024 See footnote. F3

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 12/1/2023.
F3 Shares held by the KK 2024 GRAT Grantor Retained Annuity Trust dated March 1, 2024 for which the Reporting Person is the trustee.