SEC Form 4 · accession 0001209191-17-022358
HUBSPOT INC · HUBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Donald Sherman
Officer — President and COO
Period of report
Mar 20, 2017
Accepted (ET)
Mar 22, 2017 · 5:25 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 20, 2017 | M | 30,000 | $5.76 | A | 139,725 | D | |
| Common StockF2 | Mar 20, 2017 | S | 30,000 | $64.499 | D | 109,725 | D | |
| Common StockF3 | Mar 20, 2017 | S | 5,115 | $63.722 | D | 104,610 | D | |
| Common StockF4 | Mar 20, 2017 | S | 24,885 | $64.411 | D | 79,725 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F5 | $5.76 | Mar 20, 2017 | M | 30,000 | D | — | May 8, 2022 | Common Stock | 30,000 | 439,487 | D |
Explanation of responses
- F1This transaction was effected pursuant to a written trading plan adopted by the Reporting Person in accordance with Rule 10b5-1.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.95 to $64.9, inclusive. The reporting person undertakes to provide to HubSpot, Inc., any security holder of HubSpot, Inc., 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 this footnote.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.35 to $63.975, inclusive. The reporting person undertakes to provide to HubSpot, Inc., any security holder of HubSpot, Inc., 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 this footnote.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64 to $64.85, inclusive. The reporting person undertakes to provide to HubSpot, Inc., any security holder of HubSpot, Inc., 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 this footnote.
- F5The original stock option grant of 532,666 shares underlying the option vests over four (4) years beginning on March 1, 2012 at a rate of 25% after 12 months and in thirty-six (36) equal monthly installments thereafter.