other material
confidence high
sentiment neutral
materiality 0.30
HubSpot Board removes evergreen provision from 2014 equity incentive plan; 10.9M shares available
HUBSPOT INC
- Board approved amendment eliminating automatic annual share increases; final increase effective Jan 1, 2022.
- As of Jan 26, 2022, 10,899,744 shares of common stock available for future issuance under amended plan.
- Plan amendment is prospective; no further evergreen increases after Jan 1, 2022.
- Company expects to file S-8 for the 2022 evergreen increase around Feb 15, 2022.