Gerben Bakker - Feb 3, 2023 Form 4 Insider Report for HUBBELL INC (HUBB)

Role
Chairman, President & CEO, Director
Signature
Katherine A. Lane, Attorney-in-fact for Gerben Bakker
Stock symbol
HUBB
Transactions as of
Feb 3, 2023
Transactions value $
-$3,883,254
Form type
4
Date filed
2/7/2023, 04:05 PM
Previous filing
Jul 6, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBB Common Stock Options Exercise $1.35M +13.8K +36.54% $97.48 51.6K Feb 3, 2023 Direct
transaction HUBB Common Stock Tax liability -$2.25M -9.37K -18.15% $240.13 42.2K Feb 3, 2023 Direct F1
transaction HUBB Common Stock Options Exercise $1.06M +9.97K +23.6% $106.44 52.2K Feb 3, 2023 Direct
transaction HUBB Common Stock Tax liability -$1.61M -6.7K -12.83% $240.10 45.5K Feb 3, 2023 Direct F1
transaction HUBB Common Stock Options Exercise $547K +4.67K +10.26% $117.16 50.2K Feb 3, 2023 Direct
transaction HUBB Common Stock Tax liability -$728K -3.03K -6.04% $240.10 47.2K Feb 3, 2023 Direct F1
transaction HUBB Common Stock Sale -$2.25M -9.35K -19.83% $240.80 37.8K Feb 3, 2023 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 -13.8K -100% $0.00* 0 Feb 3, 2023 Common Stock 13.8K $97.48 Direct F3
transaction HUBB Stock Appreciation Right Options Exercise $0 -9.97K -100% $0.00* 0 Feb 3, 2023 Common Stock 9.97K $106.44 Direct F4
transaction HUBB Stock Appreciation Right Options Exercise $0 -4.67K -100% $0.00* 0 Feb 3, 2023 Common Stock 4.67K $117.16 Direct F5
* 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 $239.63 to $241.67. 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 vested and became exercisable in three equal annual installments beginning on December 8, 2016.
F4 The stock appreciation right vested and became exercisable in three equal annual installments beginning on December 2, 2015.
F5 The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 1, 2015.