SEC Form 4 · accession 0001012975-15-000477
HUBSPOT INC · HUBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Orfao
10% Owner
Period of report
Jun 5, 2015
Accepted (ET)
Jun 9, 2015 · 4:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001404655
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Jun 5, 2015 | S | 19,388 | $50.169 | D | 4,805,731 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares acquired by the reporting person through a distribution in-kind from General Catalyst Partners V, L.P. ("GP V LP") without receipt of any consideration. Beneficial ownership of such shares was previously reported as held indirectly on Form 4. Remaining shares held by General Catalyst Group V, L.P. ("GCG V") and GC Entrepreneurs Fund V, L.P. ("GCEF V"). General Catalyst GP V, LLC ("GP V LLC") is the general partner of GP V LP, which is the general partner of GCG V and GCEF V. The reporting person is a Managing Director of GP V LLC and may be deemed to have voting and investment power over the shares held of record by GCG V and GCEF V. The reporting person disclaims beneficial ownership of all shares held by the foregoing entities except to the extent of his pecuniary interest therein, if any.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.075 to $50.245, inclusive. The reporting person undertakes to provide to HUBS, any security holder of HUBS, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.