William R. Sperry - 28 Oct 2022 Form 4 Insider Report for HUBBELL INC (HUBB)

Role: Executive VP and CFO
Signature: Katherine A. Lane, Attorney-in-fact for William R. Sperry
Issuer symbol: HUBB
Transactions as of: 28 Oct 2022
Net transactions value: -$5,329,047
Form type: 4
Filing time: 01 Nov 2022, 18:19:47 UTC
Previous filing: 06 Jul 2022
Next filing: 09 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HUBB	Common Stock	Options Exercise	$912,588	+7,059	+12%	$129.28	68,351	28 Oct 2022	Direct
transaction	HUBB	Common Stock	Tax liability	$1,274,589	-5,313	-7.8%	$239.90	63,038	28 Oct 2022	Direct	F1
transaction	HUBB	Common Stock	Options Exercise	$1,576,821	+10,548	+17%	$149.49	73,586	28 Oct 2022	Direct
transaction	HUBB	Common Stock	Tax liability	$2,018,998	-8,416	-11%	$239.90	65,170	28 Oct 2022	Direct	F1
transaction	HUBB	Common Stock	Sale	$4,524,868	-18,878	-29%	$239.69	46,292	28 Oct 2022	Direct	F2

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	HUBB	Stock Appreciation Right	Options Exercise	$0	-7,059	-100%	$0.000000^*	0	28 Oct 2022	Common Stock	7,059	$129.28	Direct	F3
transaction	HUBB	Stock Appreciation Right	Options Exercise	$0	-10,548	-67%	$0.000000	5,275	28 Oct 2022	Common Stock	10,548	$149.49	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares withheld by the Issuer were calculated on the spread between the price of the SAR and the market price on the date the SAR was exercised. The payment of withholding taxes for the SAR that was exercised on this date was also included in this number.
F2	The transaction was executed in multiple trades at prices ranging from $236.51 to $242.43. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide, upon request, to the Securities and Exchange Commission staff full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F3	The stock appreciation right vests and becomes exercisable in three equal annual installments beginning on July 1, 2020.
F4	The stock appreciation right vests and becomes exercisable in three equal annual installments beginning on February 13, 2021.