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HUBBELL INC — Director's Dealing 2009
Jan 15, 2009
30249_dirs_2009-01-14_806db4d8-d1fc-4f61-bcda-205eff4fac78.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: HUBBELL INC (HUBA, HUBB)
CIK: 0000048898
Period of Report: 2009-01-08
Reporting Person: VAN RIPER DANIEL S (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-01-08 | Class B Common ($.01 Par) | M | 10655 | — | Acquired | 12455 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-01-08 | Directors Deferred Compensation Stock Units | $ | M | 5462.043 | Disposed | 2009-01-08 | Class A and Class B Common Stock (5462.043) | Direct |
Footnotes
F1: The Directors Deferred Compensation Plan provided for distributions on the fifth business day of January 2009, or January 8, 2009. The Company originally and inadvertently reported distributions in the amount of 10,620 as being made on January 5, 2009 based on a conversion formula using the closing share price of the Class A and Class B shares as of December 30, 2008 (the third business day preceding the original misreported date of distribution) as described in footnote 2 above. The difference in closing share prices between Class A shares and Class B shares on January 5, 2009 (the third business day prior to actual distribution) and December 30, 2008 resulted in 35 additional shares being reportable.
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: 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 share for each share unit held plus (b) the number of share units held 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 5, 2009, the third business day prior to the transaction date as provided for in Hubbell's Deferred Compensation Plan for Directors.
F4: The Directors Deferred Compensation Plan provided for distributions on the fifth business day of January 2009, or January 8, 2009. The Company originally and inadvertently reported distributions on January 5, 2009.