HUBSPOT INC — Director's Dealing 2021

May 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HUBSPOT INC (HUBS)
CIK: 0001404655
Period of Report: 2021-05-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-17	Common Stock	S	800	$478.32	Disposed	33200	Indirect
2021-05-17	Common Stock	S	800	$479.52	Disposed	32400	Indirect
2021-05-17	Common Stock	S	501	$480.57	Disposed	31899	Indirect
2021-05-17	Common Stock	S	3205	$481.80	Disposed	28694	Indirect
2021-05-17	Common Stock	S	3268	$482.78	Disposed	25426	Indirect
2021-05-17	Common Stock	S	1318	$483.66	Disposed	24108	Indirect
2021-05-17	Common Stock	S	131	$485.22	Disposed	23977	Indirect
2021-05-17	Common Stock	S	1555	$486.49	Disposed	22422	Indirect
2021-05-17	Common Stock	S	1200	$487.42	Disposed	21222	Indirect
2021-05-17	Common Stock	S	1525	$488.47	Disposed	19697	Indirect
2021-05-17	Common Stock	S	290	$490.07	Disposed	19407	Indirect
2021-05-17	Common Stock	S	1031	$490.83	Disposed	18376	Indirect
2021-05-17	Common Stock	S	600	$491.77	Disposed	17776	Indirect
2021-05-17	Common Stock	S	800	$492.98	Disposed	16976	Indirect
2021-05-17	Common Stock	S	162	$493.57	Disposed	16814	Indirect
2021-05-17	Common Stock	S	100	$495.70	Disposed	16714	Indirect
2021-05-17	Common Stock	S	200	$496.98	Disposed	16514	Indirect
2021-05-17	Common Stock	S	514	$498.30	Disposed	16000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1542891	Direct
Common Stock	26000	Indirect

Footnotes

F1: This transaction was effected pursuant to a written trading plan adopted by Polaris I Trust, for which Dharmesh Shah serves as trustee, in accordance with Rule 10b5-1.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $477.93 to $478.61, inclusive.

F3: Shares held by the Polaris I Trust, for which Dharmesh Shah serves as trustee. The reporting person disclaims beneficial ownership of these securities in excess of his pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $479.07 to $480.03, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $480.24 to $481.08, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $481.24 to $482.23, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $482.36 to $483.35, inclusive.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $483.48 to $484.47, inclusive.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $484.62 to $485.39, inclusive.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $485.97 to $486.91, inclusive.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $487.00 to $487.76, inclusive.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $488.08 to $488.94, inclusive.

F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $489.29 to $490.28, inclusive.

F14: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $490.30 to $491.25, inclusive.

F15: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $491.37 to $492.18, inclusive.

F16: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $492.44 to $493.43, inclusive.

F17: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $493.44 to $493.77, inclusive.

F18: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $496.84 to $497.12, inclusive.

F19: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $497.99 to $498.65, inclusive. The reporting person undertakes to provide to HubSpot, Inc., any security holder of HubSpot, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4)-(19) herein.

F20: Shares held by the Polaris II Trust, for which Dharmesh Shah serves as trustee. The reporting person disclaims beneficial ownership of these securities in excess of his pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.