Gerben Bakker - Aug 9, 2024 Form 4 Insider Report for HUBBELL INC (HUBB)

Signature
/s/ Katherine A. Lane, Attorney-in-fact for Gerben Bakker
Stock symbol
HUBB
Transactions as of
Aug 9, 2024
Transactions value $
-$10,809,159
Form type
4
Date filed
8/13/2024, 04:45 PM
Previous filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBB Common Stock Options Exercise $1.78M +13.8K +20.73% $129.28* 80.2K Aug 9, 2024 Direct
transaction HUBB Common Stock Options Exercise $4.96M +33.2K +41.37% $149.49* 113K Aug 9, 2024 Direct
transaction HUBB Common Stock Tax liability -$11.7M -31.3K -27.58% $373.63 82.1K Aug 9, 2024 Direct F1
transaction HUBB Common Stock Sale -$2.03M -5.45K -6.64% $372.74 76.6K Aug 9, 2024 Direct F2
transaction HUBB Common Stock Sale -$956K -2.56K -3.33% $374.13 74.1K Aug 9, 2024 Direct F3
transaction HUBB Common Stock Sale -$1.68M -4.47K -6.03% $375.07 69.6K Aug 9, 2024 Direct F4
transaction HUBB Common Stock Sale -$829K -2.21K -3.17% $375.95 67.4K Aug 9, 2024 Direct F5
transaction HUBB Common Stock Sale -$375K -996 -1.48% $376.84 66.4K Aug 9, 2024 Direct F6

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 Aug 9, 2024 Common Stock 13.8K $129.28 Direct F7
transaction HUBB Stock Appreciation Right Options Exercise $0 -33.2K -100% $0.00* 0 Aug 9, 2024 Common Stock 33.2K $149.49 Direct F8
* 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 $372.50 to $373.39. 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 transaction was executed in multiple trades at prices ranging from $373.51 to $374.50. 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.
F4 The transaction was executed in multiple trades at prices ranging from $374.56 to $375.48. 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.
F5 The transaction was executed in multiple trades at prices ranging from $375.56 to $376.43. 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.
F6 The transaction was executed in multiple trades at prices ranging from $376.73 to $377.09. 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.
F7 The stock appreciation right vested and became exercisable in three equal annual installments beginning on July 1, 2020.
F8 The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 13, 2021.