Dawson Alyssa Harvey - Nov 1, 2023 Form 4 Insider Report for HUBSPOT INC (HUBS)

Signature
/s/ Marissa Donovan, attorney-in-fact
Stock symbol
HUBS
Transactions as of
Nov 1, 2023
Transactions value $
-$529,147
Form type
4
Date filed
11/3/2023, 04:10 PM
Previous filing
Oct 17, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBS Common Stock Tax liability -$280K -664 -6.6% $421.12 9.4K Nov 1, 2023 Direct F1
transaction HUBS Common Stock Sale -$250K -576 -6.13% $433.20 8.82K Nov 2, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.
F2 The transaction reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted on 2/23/2023.