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HUBBELL INC — Director's Dealing 2021
Feb 16, 2021
30249_dirs_2021-02-16_8aa9b2f2-eb75-405f-952d-79022eca61cc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HUBBELL INC (HUBB)
CIK: 0000048898
Period of Report: 2021-02-11
Reporting Person: Mais Stephen M (Senior VP Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-11 | Common Stock | M | 6760 | $107.865 | Acquired | 22617 | Direct |
| 2021-02-11 | Common Stock | F | 5183 | $164.13 | Disposed | 17434 | Direct |
| 2021-02-11 | Common Stock | M | 6749 | $106.44 | Acquired | 24183 | Direct |
| 2021-02-11 | Common Stock | F | 5120 | $164.13 | Disposed | 19063 | Direct |
| 2021-02-11 | Common Stock | S | 3016 | $163.732 | Disposed | 16047 | Direct |
| 2021-02-11 | Common Stock | S | 200 | $163.85 | Disposed | 15847 | Direct |
| 2021-02-11 | Common Stock | F | 275 | $163.07 | Disposed | 15572 | Direct |
| 2021-02-11 | Common Stock | A | 762 | — | Acquired | 16334 | Direct |
| 2021-02-11 | Common Stock | F | 273 | $163.07 | Disposed | 16061 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-11 | Stock Appreciation Rights | $107.865 | M | 6760 | Disposed | 2023-12-10 | Common Stock (6760.0) | Direct |
| 2021-02-11 | Stock Appreciation Rights | $106.44 | M | 6749 | Disposed | 2024-12-02 | Common Stock (6749.0) | Direct |
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: Shares withheld for payment of taxes upon vesting of performance-based restricted grant.
F3: Shares of the Company's Common Stock acquired upon the vesting of a performance share award granted on December 5, 2017, which vested at 87% of the target amount of the award based upon the Company's total shareholder return as compared to the total shareholder return of other companies in the S&P Capital Goods 900 Index.
F4: Shares withheld for payment of taxes upon vesting of performance shares.
F5: The stock appreciation right vests and becomes exercisable in three equal annual installments beginning on December 10, 2014.
F6: The stock appreciation right vests and becomes exercisable in three equal annual installments beginning on December 2, 2015.