Gerben Bakker - Feb 6, 2024 Form 4 Insider Report for HUBBELL INC (HUBB)

Signature
Katherine A. Lane, Attorney-in-fact for Gerben Bakker
Stock symbol
HUBB
Transactions as of
Feb 6, 2024
Transactions value $
-$2,676,523
Form type
4
Date filed
2/8/2024, 05:33 PM
Previous filing
Feb 6, 2024
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBB Common Stock Award $0 +8.38K +14.97% $0.00 64.3K Feb 6, 2024 Direct F1
transaction HUBB Common Stock Tax liability -$1.34M -3.84K -5.97% $348.96 60.5K Feb 6, 2024 Direct
transaction HUBB Common Stock Award $0 +8.37K +13.85% $0.00 68.9K Feb 6, 2024 Direct F2
transaction HUBB Common Stock Tax liability -$1.34M -3.83K -5.57% $348.96 65K Feb 6, 2024 Direct
* 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 10, 2021, which vested at 200% of a target amount of the Company's Operating Profit Margin (operating income as a percentage of net sales).
F2 Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on February 10, 2021, which vested at 200% of a target amount of the Company's Relative Total Shareholder Return (average of the last 20 trading days of the performance period as compared to the average of the first 20 trading days of the performance period, with dividends reinvested as shares), as compared to the companies that comprise the S&P Capital Goods 900 Index.