SEC Form 4 · accession 0001209191-15-029196
HUBSPOT INC · HUBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dharmesh Shah
Officer — Chief Technology Officer · Director
Period of report
Mar 23, 2015
Accepted (ET)
Mar 25, 2015 · 4:29 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 Stock | Mar 23, 2015 | S | 193,168 | $35.2425 | D | 1,917,223 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to an underwriting agreement, dated March 17, 2015 (the "Underwriting Agreement"), and in connection with the registered public offering of shares of Common Stock, par value $0.001 per share (the "Common Stock"), of the Issuer, pursuant to the final prospectus dated March 18, 2015, which offering was consummated on March 23, 2015, Mr. Shah sold an aggregate of 167,973 shares of Common Stock. On March 18, 2015, the underwriters exercised their option under the Underwriting Agreement to purchase additional shares of Common Stock from the Issuer and the selling stockholders in full. Pursuant to such option to purchase additional shares of Common Stock, Mr. Shah sold an aggregate of 25,195 additional shares of Common Stock.
- F2Mr. Shah's sale of the Common Stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") with Mr. Shah's purchase of 400 shares of the Issuer's common stock on October 15, 2014. Mr. Shah has disgorged to the Issuer the maximum profit under Rule 16b-6(c) of the Exchange Act realized in connection with these short-swing transactions.