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HUBBELL INC — Director's Dealing 2010
Dec 14, 2010
30249_dirs_2010-12-14_6ac0ea33-3334-4f40-b58d-65b0870287e7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HUBBELL INC (HUBA, HUBB)
CIK: 0000048898
Period of Report: 2010-12-10
Reporting Person: MUSE SCOTT H (Group Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-10 | Class B Common ($.01 Par) | M | 35000 | $44.31 | Acquired | 55632 | Direct |
| 2010-12-10 | Class B Common ($.01 Par) | S | 35000 | $60.1491 | Disposed | 20632 | Direct |
| 2010-12-10 | Class B Common ($.01 Par) | M | 11806 | $29.275 | Acquired | 32438 | Direct |
| 2010-12-10 | Class B Common ($.01 Par) | F | 8360 | $60.51 | Disposed | 24078 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-12-10 | Employee Stock Option | $44.31 | M | 35000 | Disposed | 2013-12-01 | Class B (0) | Direct |
| 2010-12-10 | Stock Appreciation Right | $29.275 | M | 11806 | Disposed | 2018-12-01 | Class B (11806) | Direct |
Footnotes
F1: The reporting person undertakes to provide to Hubbell Incorporated, any security holder of Hubbell Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in Footnote 2 to this Form 4.
F2: The average per share price for all the shares sold was 60.1491, with the lowest per share price being $60.03 and the highest per share price being $60.245 per share.
F3: The 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 exercied on this date was also included in this number.
F4: 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.