4/A: HubSpot CTO Dharmesh Shah Amends SEC Filing to Correct Stock Option Price
SEC Filing Amendment
Dharmesh Shah, Chief Technology Officer of HubSpot, files an amendment to a previous SEC Form 4 to correct the reported price of a stock option.
Summary
- Dharmesh Shah, the Chief Technology Officer of HubSpot, filed an amended SEC Form 4.
- The amendment corrects the price reported for a stock option in the original filing from February 5, 2020.
- The correct exercise price for the stock option is $182.91.
- The stock option grants Shah the right to buy 6,274 shares of HubSpot common stock.
- The stock option vested over 4 years beginning on January 1, 2020, at a rate of 6.25% every three months, expiring on February 3, 2030.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previously filed form, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects transparency and adherence to regulatory requirements.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like HubSpot.
Key Dates
| Date | Description |
|---|---|
| 01/01/2020 | Stock option vesting start date. |
| 02/03/2020 | Date of the original transaction. |
| 02/05/2020 | Date of the original Form 4 filing. |
| 02/03/2030 | Stock option expiration date. |
| 08/19/2024 | Date of the amended filing. |
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