HUBSPOT INC — Director's Dealing 2015

Mar 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUBSPOT INC (HUBS)
CIK: 0001404655
Period of Report: 2015-03-23

Reporting Person: SKOK DAVID R (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-23	Common Stock	S	325244	$35.2425	Disposed	4011347	Indirect
2015-03-23	Common Stock	S	179	$35.2425	Disposed	2209	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	400	Direct

Footnotes

F1: The reporting person's sale of the Issuer's common stock reported herein may be matchable under Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") with the reporting person's purchase of 400 shares of the Issuer's common stock on October 15, 2014. The reporting person has disgorged to the Issuer the maximum profit under Rule 16b-6(c) of the Exchange Act realized in connection with these transactions.

F2: The sale transaction reported on this Form 4 was effected as a part of an underwritten public offering of common stock of HubSpot, Inc. with each of Matrix Partners VIII, L.P. and Weston & Co. VIII LLC as a selling stockholder in the offering.

F3: Mr. Skok is a Managing Member of Matrix VIII U.S. Management Co., L.L.C., which is the general partner of Matrix Partners VIII, L.P and the beneficial owner of the shares reported herein as being held of record by Weston & Co. VIII, LLC. Mr. Skok, by virtue of his management position in Matrix VIII U.S. Management CO., L.L.C., has sole voting and dispositive power with respect to these shares. Mr. Skok disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.