4/A: HubSpot Director Amends Forms to Correct Stock Option Prices
SEC Form 4/A Amendment
Lorrie M Norrington, a director at HubSpot, filed amended SEC Forms 4/A to correct the reported prices of stock options granted in 2021 and 2023.
Summary
- Lorrie M Norrington, a director at HubSpot, filed amended SEC Forms 4/A on August 19, 2024.
- The amendments correct the prices reported for stock options in the original Forms 4 filed on June 7, 2021, and June 7, 2023.
- The incorrect prices were inadvertently included in column 2 of Table II in the original forms.
- The corrected price for the stock option granted on June 3, 2021, is $472.71.
- This option for 242 shares vested on June 3, 2022.
- The corrected price for the stock option granted on June 5, 2023, is $528.59.
- This option for 204 shares vested on June 5, 2024.
- All other information reported in the original Forms 4 remains correct.
Sentiment
Score: 5
Explanation: The document is a routine correction of previously filed information. It doesn't indicate positive or negative sentiment, but rather a procedural update.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and 10% owners) to report transactions in their company's stock. Amendments are sometimes necessary to correct errors in the original filings.
Key Dates
| Date | Description |
|---|---|
| 06/03/2021 | Date of earliest transaction (stock option grant) |
| 06/07/2021 | Date of original Form 4 filing |
| 06/03/2022 | Vesting date of 2021 stock option |
| 06/05/2023 | Date of stock option grant |
| 06/05/2024 | Vesting date of 2023 stock option |
| 08/19/2024 | Date of amended Form 4/A filing |
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