SEC Form 4 · accession 0001209191-16-101401
INSIGHT ENTERPRISES INC · NSIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wolfgang Ebermann
Officer — EMEA President
Period of report
Feb 20, 2016
Accepted (ET)
Feb 23, 2016 · 4:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000932696
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2016 | M | 2,160 | $0.00 | A | 19,643 | D | |
| Common Stock | Feb 20, 2016 | M | 4,320 | $0.00 | A | 23,963 | D | |
| Common Stock | Feb 20, 2016 | M | 1,916 | $0.00 | A | 25,879 | D | |
| Common Stock | Feb 20, 2016 | M | 3,832 | $0.00 | A | 29,711 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 20, 2016 | M | 2,160 | D | — | — | Common Stock | 2,160 | 4,320 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 20, 2016 | M | 4,320 | D | — | — | Common Stock | 4,320 | 4,319 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 20, 2016 | M | 1,916 | D | — | — | Common Stock | 1,916 | 5,747 | D |
| Restricted Stock UnitsF1,F5 | — | Feb 20, 2016 | M | 3,832 | D | — | — | Common Stock | 3,832 | 7,663 | D |
| Restricted Stock UnitsF1,F6 | — | Feb 20, 2016 | A | 8,508 | A | — | — | Common Stock | 8,508 | 8,508 | D |
| Restricted Stock UnitsF1,F7 | — | Feb 20, 2016 | A | 12,761 | A | — | — | Common Stock | 12,761 | 12,761 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Common Stock of Insight Enterprises, Inc.
- F2The restricted stock units were granted on February 20, 2014, with vesting to occur in four equal annual installments beginning February 20, 2015.
- F3The number of restricted stock units increases or decreases with non-GAAP return on invested capital against budgeted non-GAAP return on invested capital, and the restricted stock units will vest in three equal annual installments beginning February 20, 2015.
- F4The restricted stock units were granted on February 20, 2015, with vesting to occur in four equal annual installments beginning February 20, 2016.
- F5The number of restricted stock units increases or decreases with non-GAAP return on invested capital against budgeted non-GAAP return on invested capital, and the restricted stock units will vest in three equal annual installments beginning February 20, 2016.
- F6The restricted stock units were granted on February 20, 2016 with vesting to occur in four equal annual installments beginning February 20, 2017.
- F7The number of restricted stock units increases or decreases with the Company's performance against specific objectives defined in advance of the grant date, and the restricted stock units will vest in three equal annual installments beginning February 20, 2017.