Dharmesh Shah - 13 Jan 2025 Form 4 Insider Report for HUBSPOT INC (HUBS)

Role: Chief Technology Officer, Director
Signature: /s/ Marissa Donovan, attorney-in-fact
Issuer symbol: HUBS
Transactions as of: 13 Jan 2025
Net transactions value: +$309,364
Form type: 4
Filing time: 14 Jan 2025, 19:26:59 UTC
Previous filing: 06 Jan 2025
Next filing: 28 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HUBS	Common Stock	Options Exercise	$309,364	+8,900	+0.7%	$34.76	1,280,563	13 Jan 2025	Direct
holding	HUBS	Common Stock						16,000	13 Jan 2025	See Footnote.	F1
holding	HUBS	Common Stock						11,000	13 Jan 2025	See Footnote.	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HUBS	Stock Option (right to buy)	Options Exercise	$0	-8,900	-53%	$0.000000	7,767	13 Jan 2025	Common Stock	8,900	$34.76	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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.
F3	This stock option is fully vested.