Dawson Alyssa Harvey - May 23, 2024 Form 4 Insider Report for HUBSPOT INC (HUBS)

Signature
/s/ Marissa Donovan, attorney-in-fact
Stock symbol
HUBS
Transactions as of
May 23, 2024
Transactions value $
-$266,210
Form type
4
Date filed
5/24/2024, 04:38 PM
Previous filing
May 6, 2024
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HUBS Common Stock Options Exercise $24.6K +85 +0.74% $289.89 11.5K May 23, 2024 Direct F1
transaction HUBS Common Stock Sale -$291K -469 -4.07% $620.15 11.1K May 23, 2024 Direct F1

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 HUBS Employee Stock Option (right to buy) Options Exercise $0 -85 -3.6% $0.00 2.28K May 23, 2024 Common Stock 85 $289.89 Direct F1, 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 This transaction reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted on 2/16/2024.
F2 This stock option award vests over 4 years with 25% vesting on May 1, 2023 and the remaining vesting in equal quarterly installments thereafter.