Allan Connolly - 09 Feb 2022 Form 4 Insider Report for HUBBELL INC (HUBB)

Role
President, Utility Solutions
Signature
Katherine A. Lane, Attorney-in-fact for Allan Connolly
Issuer symbol
HUBB
Transactions as of
09 Feb 2022
Net transactions value
-$35,895
Form type
4
Filing time
11 Feb 2022, 16:14:23 UTC
Previous filing
10 Feb 2022
Next filing
04 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBB Common Stock Award $0 +379 +3.3% $0.000000 11,719 09 Feb 2022 Direct F1
transaction HUBB Common Stock Tax liability $23,802 -124 -1.1% $191.95 11,595 09 Feb 2022 Direct F2
transaction HUBB Common Stock Award $0 +180 +1.6% $0.000000 11,775 09 Feb 2022 Direct F3
transaction HUBB Common Stock Tax liability $12,093 -63 -0.54% $191.95 11,712 09 Feb 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on December 14, 2018, which vested at 120% of the target amount of the award based upon the Company's trade working capital as a percentage of revenue as compared to the Company's strategic plan targets.
F2 Shares withheld for payment of taxes upon vesting of performance shares.
F3 Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on December 14, 2018, which vested at 57% of the target amount of the award based upon the Company's operating profit as a percentage of revenue as compared to the Company's strategic plan targets.