SEC Form 4 · accession 0001628280-17-000950
HUBBELL INC · HUBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Mais
Officer — Senior VP Human Resources
Period of report
Feb 3, 2017
Accepted (ET)
Feb 7, 2017 · 4:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000048898
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 3, 2017 | M | 2,279 | $46.96 | A | 16,021 | D | |
| Common StockF1 | Feb 3, 2017 | F | 1,376 | $122.63 | D | 14,645 | D | |
| Common Stock | Feb 3, 2017 | M | 7,000 | $59.95 | A | 21,645 | D | |
| Common StockF1 | Feb 3, 2017 | F | 4,634 | $123.38 | D | 17,011 | D | |
| Common StockF2,F3 | Feb 3, 2017 | S | 1,469 | $122.5354 | D | 15,542 | D | |
| Common StockF4,F5 | Feb 3, 2017 | S | 1,800 | $122.9409 | D | 13,742 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF6 | $46.96 | Feb 3, 2017 | M | 2,279 | D | — | Dec 7, 2019 | Common Stock | 2,279 | 0 | D |
| Stock Appreciation RightF6 | $59.95 | Feb 3, 2017 | M | 7,000 | D | — | Dec 6, 2020 | Common Stock | 7,000 | 1,564 | D |
Explanation of responses
- F1The shares withheld by the Issuer were calculated on the spread between the price of the SAR and the market price on the date the SAR was exercised. The payment of withholding taxes for the SAR that was exercised on this date was also included in this number.
- F2The reporting person undertakes to provide to Hubbell Incorporated, any security holder of Hubbell Incorporated, 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 range set forth in Footnote 3 to this Form 4.
- F3The average per share price for these 1,469 shares sold was $122.5354 with the lowest per share price being $122.32 and the highest per share price being $122.69 per share.
- F4The reporting person undertakes to provide to Hubbell Incorporated, any security holder of Hubbell Incorporated, 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 range set forth in Footnote 5 to this Form 4.
- F5The average per share price for these 1,800 shares sold was $122.9409 with the lowest per share price being $122.70 and the highest per share price being $123.67 per share.
- F633 1/3% on first anniversary date of grant; 33 1/3% on second anniversary date of grant; balance on third anniversary date of grant.