HUBBELL INC — Director's Dealing 2009

Jan 15, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUBBELL INC (HUBA, HUBB)
CIK: 0000048898
Period of Report: 2009-01-12

Reporting Person: VAN RIPER DANIEL S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-01-12	Class B Common ($.01 Par)	M	119	—	Acquired	12574	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-01-12	Directors Deferred Compensation Stock Units	$63.63	J	60.088	Acquired	2009-01-12	Class A and Class B Common Stock (60.088)	Direct
2009-01-12	Directors Deferred Compensation Stock Units	$	M	60.088	Disposed	2009-01-12	Class A and Class B Common Stock (60.088)	Direct

Footnotes

F1: Represents dividend equivalents on share units held under the Directors Deferred Compensation Plan that were in the individual's account on December 15, 2008 but credited as of January 12, 2009 (the dividend payment date).

F2: Each deferred compensation share unit was the economic equivalent of one share of Class A Common Stock and one share of Class B Common Stock.

F3: Equal number of shares of Class A and Class B Common Stock credited as units under Hubbell's Deferred Compensation Plan for Directors.

F4: Unit price consisting of the closing price of one share each of Class A and Class B Common Stock.

F5: Reinvestment of cash dividend

F6: Reflects distribution of deferred compensation share units, each of which was the economic equivalent of one share of Class A Common Stock and one share of Class B Common Stock, based on a conversion formula equal to the sum of (a) one Class B Common share for each share unit held, plus (b) the number of share units multiplied by the closing price of the Class A shares and divided by the closing price of the Class B shares, both determined on January 7, 2009, the third business day prior to the transaction date as provided for in Hubbell's Deferred Compensation Plan for Directors.