SEC Form 4 · accession 0001127602-19-008088
INSPERITY, INC. · NSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay E Mincks
Officer — EVP of Sales & Marketing
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 5:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001000753
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 21, 2019 | A | 854 | $0.00 | A | 90,166 | D | |
| Common Stock | Feb 21, 2019 | F | 16,743 | $128.03 | D | 73,423 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This is the settlement date for shares of Insperity, Inc. ("Common Stock") that are being issued in connection with dividend rights earned following final certification of the three-year performance period awards granted in 2016 in accordance with the Insperity, Inc. Long-Term Incentive Program (the "LTIP") under the Insperity, Inc. 2012 Incentive Plan.
- F2The number of shares represents the cash value of dividend rights described above that were settled in shares of Common Stock based on the fair market value of the Common Stock on the trading day immediately preceding the settlement date.
- F3Payment of tax liability by withholding securities incident to the vesting of a restricted stock award and the settlement of the three-year performance period awards that were granted under the LTIP, following the recent final certification of the achievement of the performance conditions by the Compensation Committee.