Gerben Bakker - Feb 2, 2024 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 2, 2024
Transactions value $
-$8,427,174
Form type
4
Date filed
2/6/2024, 05:19 PM
Previous filing
Aug 3, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBB Common Stock Options Exercise $2.44M +19.2K +37.02% $127.51 71K Feb 2, 2024 Direct
transaction HUBB Common Stock Tax liability -$4.28M -12.1K -17.07% $353.49 58.8K Feb 2, 2024 Direct F1
transaction HUBB Common Stock Options Exercise $1.75M +16.5K +28.12% $105.49 75.4K Feb 2, 2024 Direct
transaction HUBB Common Stock Tax liability -$3.62M -10.3K -13.6% $353.12 65.1K Feb 2, 2024 Direct F1
transaction HUBB Common Stock Sale -$4.72M -13.4K -20.5% $353.13 51.8K Feb 2, 2024 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 -19.2K -100% $0.00* 0 Feb 2, 2024 Common Stock 19.2K $127.51 Direct F3
transaction HUBB Stock Appreciation Right Options Exercise $0 -16.5K -100% $0.00* 0 Feb 2, 2024 Common Stock 16.5K $105.49 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 $352.890 to $353.890. 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 5, 2018.
F4 The stock appreciation right vested and became exercisable in three equal annual installments beginning on December 14, 2019.