SEC Form 4 · accession 0001209191-15-043994
HUBSPOT INC · HUBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Donald Sherman
Officer — Chief Operating Officer
Period of report
Feb 10, 2015
Accepted (ET)
May 18, 2015 · 7:30 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 StockF1 | Feb 10, 2015 | A | 25,000 | $0.00 | A | 72,384 | D | |
| Common StockF2 | Apr 8, 2015 | F | 508 | $38.94 | D | 71,876 | D | |
| Common StockF2 | May 1, 2015 | F | 34 | $38.85 | D | 71,842 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $34.76 | Feb 10, 2015 | A | 16,667 | A | — | Feb 10, 2025 | Common Stock | 16,667 | 16,667 | D |
Explanation of responses
- F1These shares were acquired pursuant to a restricted stock unit award under the Company's 2014 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's Common Stock. The restricted stock units vest over four (4) years beginning on January 1, 2015, at a rate of twenty-five percent (25%) after 12 months, and in thirty-six (36) equal monthly installments thereafter.
- F2Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.
- F3This stock option vests over four (4) years beginning on January 1, 2015, at a rate of twenty-five percent (25%) after 12 months, and in thirty-six (36) equal monthly installments thereafter.