SEC Form 4 · accession 0001209191-17-044770
INSIGHT ENTERPRISES INC · NSIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel C Cowley
Officer — Gen'l Counsel & Secretary
Period of report
Jul 10, 2017
Accepted (ET)
Jul 11, 2017 · 4:15 pm EDT
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 | Jul 10, 2017 | M | 811 | $0.00 | A | 811 | D | |
| Common StockF1 | Jul 10, 2017 | F | 243 | $39.75 | D | 568 | D | |
| Common Stock | Jul 10, 2017 | M | 5,708 | $0.00 | A | 6,276 | D | |
| Common StockF1 | Jul 10, 2017 | F | 1,715 | $39.75 | D | 4,561 | D | |
| Common Stock | Jul 10, 2017 | M | 2,230 | $0.00 | A | 6,791 | D | |
| Common StockF1 | Jul 10, 2017 | F | 670 | $39.75 | D | 6,121 | 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 UnitF2,F3 | — | Jul 10, 2017 | M | 811 | D | — | — | Common Stock | 811 | 2,433 | D |
| Restricted Stock UnitF2,F4 | — | Jul 10, 2017 | M | 5,708 | D | — | — | Common Stock | 5,708 | 11,416 | D |
| Restricted Stock UnitF2,F5 | — | Jul 10, 2017 | M | 2,230 | D | — | — | Common Stock | 2,230 | 4,460 | D |
Explanation of responses
- F1Insight Enterprises, Inc. has withheld the number of whole shares necessary to satisfy the minimum statutory tax withholding obligations. The value of the vested shares (and the taxable income) is calculated based on the closing price on the vesting date or next preceding trading date in the case that the vesting date is a non-trading date.
- F2Each restricted stock unit represents a contingent right to receive one share of Common Stock of Insight Enterprises, Inc.
- F3The restricted stock units were granted on July 10, 2016, with vesting to occur in four equal annual installments beginning July 10, 2017.
- F4The restricted stock units were granted on July 10, 2016, with vesting to occur in three equal annual installments beginning July 10, 2017.
- F5The 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 July 10, 2017.