Hub Group, Inc. — Director's Dealing 2011

Jan 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUB GROUP INC (HUBG)
CIK: 0000940942
Period of Report: 2011-01-02

Reporting Person: YEAGER DAVID P (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-27	Class A Common Stock	G	3000	—	Disposed	207826	Direct
2010-12-30	Class A Common Stock	G	1000	—	Disposed	206826	Direct
2011-01-02	Class A Common Stock	F	3529	$35.14	Disposed	203297	Direct
2011-01-02	Class A Common Stock	A	18512	—	Acquired	221809	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	26383	Indirect
Class B Common Stock	102787	Direct
Class B Common Stock	51624	Indirect
Class B Common Stock	51624	Indirect
Class B Common Stock	51624	Indirect
Class B Common Stock	18296	Indirect

Footnotes

F1: Disposition of shares to satisfy withholding tax obligations with respect to 11,544 shares on which restrictions lapsed as of 1/2/2011.

F2: Restricted stock subject to a vesting schedule. The restricted stock grant was made by the Compensation Committee of Hub Group, Inc. on January 2, 2011.

F3: 52,703 of the shares of Class A Common Stock are restricted stock subject to vesting requirements.

F4: 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.

F5: The reporting person disclaims beneficial ownership of these shares 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.