AI assistant
HUBBELL INC — Director's Dealing 2014
Feb 11, 2014
30249_dirs_2014-02-10_8ab89f75-2ecd-40e4-9575-233daa793d23.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HUBBELL INC (HUBA, HUBB)
CIK: 0000048898
Period of Report: 2014-02-07
Reporting Person: BIGGART JAMES H (Vice President and Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-07 | Class B Common ($.01 Par) | M | 4966 | $46.96 | Acquired | 10704 | Direct |
| 2014-02-07 | Class B Common ($.01 Par) | F | 3033 | $117.825 | Disposed | 7671 | Direct |
| 2014-02-10 | Class B Common ($.01 Par) | S | 2340 | $117.1247 | Disposed | 5331 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-07 | Stock Appreciation Right | $46.96 | M | 4966 | Disposed | 2019-12-07 | Class B (4966) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common ($.01 Par) | 4 | Indirect |
Footnotes
F1: 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 exercised on this date was also included in this number.
F2: 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 3 to this Form 4.
F3: The average per share price for all the shares sold was $117.1247, with the lowest per share price being $116.87 and the highest per share price being $117.45.
F4: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial ownership of the 4 shares of Hubbell Class B Common Stock owned by his non-minor son and included in the reporting person's prior ownership reports.
F5: 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.