Gerben Bakker - Feb 7, 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 7, 2023
Transactions value $
-$1,227,795
Form type
4
Date filed
2/9/2023, 08:41 PM
Previous filing
Feb 7, 2023
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBB Common Stock Award $0 +6.02K +13.81% $0.00 49.6K Feb 7, 2023 Direct F1
transaction HUBB Common Stock Tax liability -$668K -2.76K -5.56% $241.93 46.8K Feb 7, 2023 Direct F2
transaction HUBB Common Stock Award $0 +5.05K +10.77% $0.00 51.9K Feb 7, 2023 Direct F3
transaction HUBB Common Stock Tax liability -$560K -2.32K -4.46% $241.93 49.6K Feb 7, 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.