GERBEN BAKKER - 07 Feb 2023 Form 4 Insider Report for HUBBELL INC (HUBB)

Role
Chairman, President & CEO, Director
Signature
Katherine A. Lane, Attorney-in-fact for Gerben Bakker
Issuer symbol
HUBB
Transactions as of
07 Feb 2023
Net transactions value
-$1,227,795
Form type
4
Filing time
09 Feb 2023, 20:41:09 UTC
Previous filing
07 Feb 2023
Next filing
15 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 Award $0 +6,019 +14% $0.000000 49,604 07 Feb 2023 Direct F1
transaction HUBB Common Stock Tax liability $667,727 -2,760 -5.6% $241.93 46,844 07 Feb 2023 Direct F2
transaction HUBB Common Stock Award $0 +5,047 +11% $0.000000 51,891 07 Feb 2023 Direct F3
transaction HUBB Common Stock Tax liability $560,068 -2,315 -4.5% $241.93 49,576 07 Feb 2023 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 February 13, 2020, which vested at 161% of the target amount of the award based upon the Company's operating profit as a percentage of revenue as compared to the 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 February 13, 2020, which vested at 135% of the target amount of the award based upon the Company's trade working capital as a percentage of revenue as compared to the the Company's strategic plan targets.