HUBSPOT INC — Director's Dealing 2015

May 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUBSPOT INC (HUBS)
CIK: 0001404655
Period of Report: 2015-02-10

Reporting Person: Shah Dharmesh (Director, Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-10	Common Stock	A	25000	$0.00	Acquired	1942224	Direct
2015-04-08	Common Stock	F	508	$38.94	Disposed	1941716	Direct
2015-05-01	Common Stock	F	34	$38.85	Disposed	1941682	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-10	Stock Option (right to buy)	$34.76	A	16667	Acquired	2025-02-10	Common Stock (16667)	Direct

Footnotes

F1: These shares were acquired pursuant to a restricted stock unit award under the Company's 2014 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's Common Stock. The restricted stock units vest over four (4) years beginning on January 1, 2015, at a rate of twenty-five percent (25%) after 12 months, and in thirty-six (36) equal monthly installments thereafter.

F2: Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.

F3: This stock option vests over four (4) years beginning on January 1, 2015, at a rate of twenty-five percent (25%) after 12 months, and in thirty-six (36) equal monthly installments thereafter.