HUBBELL INC 4
4 · HUBBELL INC · Filed Dec 28, 2015
Insider Transaction Report
Form 4
HUBBELL INCHUBB
AMATO GARY N
Vice President
Transactions
- Other
Class B Common ($.01 Par)
2015-12-23−18,931→ 0 total - Other
Stock Appreciation Right
2015-12-23−38,901→ 0 total→ Class B Common Stock (38,901 underlying) - Other
Common Stock
2015-12-23+18,931→ 18,931 total - Other
Stock Appreciation Right
2015-12-23+38,901→ 38,901 total→ Common Stock (38,901 underlying)
Footnotes (3)
- [F1]On December 23, 2015, Hubbell Incorporated (the "Company") filed with the Secretary of the State of the State of Connecticut (the time of the effectiveness of such filing, the "Effective Time") an Amended and Restated Certificate of Incorporation to, among other things, effect a reclassification transaction (the "Reclassification"), in which (a) each holder of Class A common stock of the Company, par value $0.01 per share ("Class A Common Stock"), as of immediately prior to the Effective Time became entitled to receive cash in the amount of $28.00 for each share of Class A Common Stock held, and (b) each share of Class A Common Stock issued and outstanding immediately prior to the Effective Time and each share of Class B common stock, par value $0.01 per share ("Class B Common Stock"), issued and outstanding immediately prior to the Effective Time was reclassified into one share of common stock of the Company, par value $0.01 per share (the "Common Stock").
- [F2]Includes (a) 15,144 shares of Class B Common Stock held directly, which have been reclassified into 15,144 shares of Common Stock, and (b) 3,787 shares of Class B Common Stock, which have been reclassified into 3,787 shares of Common Stock, previously granted as restricted stock under the Second Amended and Restated 2005 Incentive Award Plan.
- [F3]Includes 38,901 stock appreciation rights ("SARs") previously granted at previously disclosed prices and, subject to previously disclosed vesting restrictions, exercisable for shares of Class B Common Stock which, in connection with the Reclassification, have been converted into 38,901 SARs exercisable for shares of Common Stock, but otherwise maintaining the terms and conditions applicable to such SARs.