Item 2.02 Results of Operations and Financial Condition.

On August 5, 2020 HubSpot, Inc. (the "Company") issued a press release announcing its financial results and other information for the quarter ended June 30, 2020. The full text of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference.

The information under this Item 2.02, including Exhibit 99.1 attached hereto, is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.




Item 8.01 Other Events.

In January 2020, the Compensation Committee (the "Committee") of the Board of Directors of the Company established the performance measures and related targets for the Company's Senior Executive Cash Incentive Bonus Plan (the "Bonus Plan"), which performance measures were consistent with fiscal year 2019. In light of the impact of the COVID-19 pandemic, in May 2020, the Company revised its financial guidance for the full year of 2020. In July 2020, the Committee revised the targets for each performance measure that will apply to the second half of 2020 in a manner consistent with the Company's recently revised financial guidance. There were no changes to the targets and performance measures for the first half of 2020. The Committee set the maximum level of performance for the second half of 2020 at the target level of performance established at the beginning of 2020 (the "Original Target Level"), thereby limiting the full year potential bonus payment under the Bonus Plan to the amount that would have been paid had the Company achieved the Original Target Level.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits (word file attached)







Exhibit
  No.     Description

99.1      Press Release of HubSpot, Inc. dated August 5, 2020, furnished herewith.

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