HUBSPOT INC — Director's Dealing 2017

Feb 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUBSPOT INC (HUBS)
CIK: 0001404655
Period of Report: 2017-02-01

Reporting Person: Kelleher John P. (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-01	Common Stock	A	12392	$0.00	Acquired	52920	Direct
2017-02-01	Common Stock	F	249	$52.80	Disposed	52671	Direct
2017-02-01	Common Stock	M	231	$40.59	Acquired	52902	Direct
2017-02-01	Common Stock	S	231	$51.90	Disposed	52671	Direct
2017-02-02	Common Stock	S	315	$52.20	Disposed	52356	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-01	Stock Option (right to buy)	$52.80	A	9530	Acquired	2027-02-01	Common Stock (9530)	Direct
2017-02-01	Stock Option (right to buy)	$40.59	M	231	Disposed	2026-01-29	Common Stock (231)	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 unit vests over 4 years beginning on January 1, 2017, at a rate of 25% after 12 months and in 36 equal monthly installments thereafter.

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

F3: This transaction was effected pursuant to a written trading plan adopted by the Reporting Person in accordance with Rule 10b5-1.

F4: This stock option vests over 4 years beginning on January 1, 2017, at a rate of 25% of the original grant amount after 12 months and in 36 equal monthly installments thereafter.

F5: The original stock option grant of 11,106 shares underlying the option vests over four (4) years beginning on January 1, 2016 at a rate of 25% after 12 months and in thirty-six (36) equal monthly installments thereafter.