SEC Form 4 · accession 0001628280-17-010521
HUBBELL INC · HUBB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerben Bakker
Officer — Group President, Power Systems
Period of report
Oct 30, 2017
Accepted (ET)
Nov 1, 2017 · 4:47 pm EDT
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 | Oct 30, 2017 | M | 3,486 | $59.95 | A | 13,249 | D | |
| Common StockF1 | Oct 30, 2017 | F | 2,291 | $125.47 | D | 10,958 | D | |
| Common Stock | Oct 30, 2017 | S | 590 | $125.34 | D | 10,368 | 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 RightF2 | $59.95 | Oct 30, 2017 | M | 3,486 | D | — | Dec 6, 2020 | Common Stock | 3,486 | 0 | 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 Stock Appreciation Right vests 33 1/3 on first anniversary date of grant; 33 1/3% on second anniversary date of grant; balance on third anniversary date of grant.