Hub Group, Inc. — Director's Dealing 2008

Oct 28, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUB GROUP INC (HUBG)
CIK: 0000940942
Period of Report: 2008-10-24

Reporting Person: YEAGER MARK A (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-24	Class B Common Stock	W	18296	—	Acquired	18296	Indirect
2008-10-24	Class B Common Stock	W	7246	—	Acquired	44040	Indirect
2008-10-24	Class B Common Stock	W	7246	—	Acquired	44040	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-10-24	Stock Options (Right to Buy)	$1.30	W	29333	Acquired	2009-09-29	Class A Common Stock (29333)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	86794	Direct
Class A Common Stock	361715	Direct
Class A Common Stock	19907	Indirect
Class A Common Stock	43826	Indirect
Class A Common Stock	43826	Indirect

Footnotes

F1: The Yeager family members are parties to a stockholders' agreement pursuant to which they have agreed to vote all of their shares of Class B Common Stock in accordance with the vote of the holders of a majority of such shares. Members of the Yeager family own all 662,296 shares of the Class B Common Stock.

F2: The reporting person disclaims beneficial ownership of these shares owned by the Alexander B. Yeager 1994 GST Trust and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The Yeager family members are parties to a stockholders' agreement pursuant to which they have agreed to vote all of their shares of Class B Common Stock in accordance with the vote of the holders of a majority of such shares. Members of the Yeager family own all 662,296 shares of the Class B Common Stock.

F3: The reporting person disclaims beneficial ownership of these shares owned by the Samantha N. Yeager 1994 GST Trust and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The Yeager family members are parties to a stockholders' agreement pursuant to which they have agreed to vote all of their shares of Class B Common Stock in accordance with the vote of the holders of a majority of such shares. Members of the Yeager family own all 662,296 shares of the Class B Common Stock.

F4: 35,472 of the shares of Class A Common Stock are restricted stock subject to vesting requirements.

F5: The reporting person disclaims beneficial ownership of these shares owned by the Alexander B. Yeager 1994 GST Trust and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F6: The reporting person disclaims beneficial ownership of these shares owned by the Samantha N. Yeager 1994 GST Trust and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F7: Pursuant to the terms of Mr. Phillip C. Yeager's option grant, the options will expire on the first anniversary of his death.