Vincent C. Paperiello - 20 Dec 2021 Form 4 Insider Report for Hub Group, Inc. (HUBG)

Role: EVP, Chief Solutions Officer
Signature: /s/ Vincent C Paperiello
Issuer symbol: HUBG
Transactions as of: 20 Dec 2021
Transactions value $: -$277,495
Form type: 4
Filing time: 21 Dec 2021, 12:24:11 UTC
Previous filing: 12 Nov 2021
Next filing: 05 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HUBG	Class A Common Stock	Award	$0	+4K	+6.91%	$0.00	61.9K	20 Dec 2021	Direct	F1
transaction	HUBG	Class A Common Stock	Tax liability	-$277K	-3.54K	-5.72%	$78.30	58.4K	20 Dec 2021	Direct

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

Explanation of Responses:

Id	Content
F1	Represents the settlement of performance-based restricted stock in shares of common stock for the three-year performance period beginning January 1, 2019, which are exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d). The Compensation Committee of the Board of Directors of the issuer has certified performance for the full performance period and approved vesting of the award on December 20, 2021. On the vesting date, a total of 8,000 performance based restricted stock settled into shares of common stock, 4,000 of which were previously reported on the reporting person's Form 4 dated January 4, 2019.

Content

Represents the settlement of performance-based restricted stock in shares of common stock for the three-year performance period beginning January 1, 2019, which are exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d). The Compensation Committee of the Board of Directors of the issuer has certified performance for the full performance period and approved vesting of the award on December 20, 2021. On the vesting date, a total of 8,000 performance based restricted stock settled into shares of common stock, 4,000 of which were previously reported on the reporting person's Form 4 dated January 4, 2019.