SEC Form 4 · accession 0001209191-17-007807
HUBSPOT INC · HUBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hunter Madeley
Officer — Chief Sales Officer
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 6:13 pm EST
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 1, 2017 | A | 16,324 | $0.00 | A | 107,213 | D | |
| Common StockF2 | Feb 1, 2017 | F | 1,146 | $52.80 | D | 106,067 | D | |
| Common Stock | Feb 2, 2017 | S | 1,000 | $52.20 | D | 105,067 | 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)F4 | $52.80 | Feb 1, 2017 | A | 12,554 | A | — | Feb 1, 2027 | Common Stock | 12,554 | 12,554 | 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 unit vests over 4 years beginning on January 1, 2017, at a rate of 25% after 12 months and in 36 equal monthly installments thereafter.
- F2Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.
- F3This transaction was effected pursuant to a written trading plan adopted by the Reporting Person in accordance with Rule 10b5-1.
- F4This stock option vests over 4 years beginning on January 1, 2017, at a rate of 25% of the original grant amount after 12 months and in 36 equal monthly installments thereafter.