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HUBBELL INC — Director's Dealing 2023
Feb 7, 2023
30249_dirs_2023-02-07_39099349-7a79-4e48-9565-9da1152d07a0.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: 2023-02-03
Reporting Person: Bakker Gerben (Director, Chairman, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-03 | Common Stock | M | 13813 | $97.48 | Acquired | 51614 | Direct |
| 2023-02-03 | Common Stock | F | 9370 | $240.125 | Disposed | 42244 | Direct |
| 2023-02-03 | Common Stock | M | 9970 | $106.44 | Acquired | 52214 | Direct |
| 2023-02-03 | Common Stock | F | 6699 | $240.10 | Disposed | 45515 | Direct |
| 2023-02-03 | Common Stock | M | 4668 | $117.16 | Acquired | 50183 | Direct |
| 2023-02-03 | Common Stock | F | 3032 | $240.10 | Disposed | 47151 | Direct |
| 2023-02-03 | Common Stock | S | 9350 | $240.799 | Disposed | 37801 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-03 | Stock Appreciation Right | $97.48 | M | 13813 | Disposed | 2025-12-08 | Common Stock (13813.0) | Direct |
| 2023-02-03 | Stock Appreciation Right | $106.44 | M | 9970 | Disposed | 2024-12-02 | Common Stock (9970.0) | Direct |
| 2023-02-03 | Stock Appreciation Right | $117.16 | M | 4668 | Disposed | 2024-02-01 | Common Stock (4668.0) | 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: The transaction was executed in multiple trades at prices ranging from $239.63 to $241.67. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide, upon request, to the Securities and Exchange Commission staff, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F3: The stock appreciation right vested and became exercisable in three equal annual installments beginning on December 8, 2016.
F4: The stock appreciation right vested and became exercisable in three equal annual installments beginning on December 2, 2015.
F5: The stock appreciation right vested and became exercisable in three equal annual installments beginning on February 1, 2015.