SEC Form 4 · accession 0001209191-18-012444
INSIGHT ENTERPRISES INC · NSIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven W. Dodenhoff
Officer — President, US
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 4:35 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, 2018 | M | 2,376 | $0.00 | A | 30,785 | D | |
| Common StockF1 | Feb 20, 2018 | F | 686 | $35.31 | D | 30,099 | D | |
| Common Stock | Feb 20, 2018 | M | 2,107 | $0.00 | A | 32,206 | D | |
| Common StockF1 | Feb 20, 2018 | F | 620 | $35.31 | D | 31,586 | D | |
| Common Stock | Feb 20, 2018 | M | 2,320 | $0.00 | A | 33,906 | D | |
| Common StockF1 | Feb 20, 2018 | F | 683 | $35.31 | D | 33,223 | D | |
| Common Stock | Feb 20, 2018 | M | 1,349 | $0.00 | A | 34,572 | D | |
| Common StockF1 | Feb 20, 2018 | F | 468 | $35.31 | D | 34,104 | D | |
| Common Stock | Feb 20, 2018 | M | 4,214 | $0.00 | A | 38,318 | D | |
| Common StockF1 | Feb 20, 2018 | F | 1,241 | $35.31 | D | 37,077 | D | |
| Common Stock | Feb 20, 2018 | M | 6,380 | $0.00 | A | 43,457 | D | |
| Common StockF1 | Feb 20, 2018 | F | 1,878 | $35.31 | D | 41,579 | D | |
| Common Stock | Feb 20, 2018 | M | 3,035 | $0.00 | A | 44,614 | D | |
| Common StockF1 | Feb 20, 2018 | F | 893 | $35.31 | D | 43,721 | 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 UnitsF2,F3 | — | Feb 20, 2018 | M | 2,376 | D | — | — | Common Stock | 2,376 | 0 | D |
| Restricted Stock UnitsF2,F4 | — | Feb 20, 2018 | M | 2,107 | D | — | — | Common Stock | 2,107 | 2,107 | D |
| Restricted Stock UnitsF2,F5 | — | Feb 20, 2018 | M | 2,320 | D | — | — | Common Stock | 2,320 | 4,640 | D |
| Restricted Stock UnitsF2,F6 | — | Feb 20, 2018 | M | 1,349 | D | — | — | Common Stock | 1,349 | 4,047 | D |
| Restricted Stock UnitsF2,F7 | — | Feb 20, 2018 | M | 4,214 | D | — | — | Common Stock | 4,214 | 0 | D |
| Restricted Stock UnitsF2,F8 | — | Feb 20, 2018 | M | 6,380 | D | — | — | Common Stock | 6,380 | 6,380 | D |
| Restricted Stock UnitsF2,F9 | — | Feb 20, 2018 | M | 3,035 | D | — | — | Common Stock | 3,035 | 6,070 | D |
| Restricted Stock UnitsF2,F10 | — | Feb 20, 2018 | A | 7,930 | A | — | — | Common Stock | 7,930 | 7,930 | D |
| Restricted Stock UnitsF2,F11 | — | Feb 20, 2018 | A | 11,895 | A | — | — | Common Stock | 11,895 | 11,895 | 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.
- F10The restricted stock units were granted on February 20, 2018 with vesting to occur in four equal annual installments beginning February 20, 2019.
- F11The 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, 2019.
- 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 February 20, 2014, with vesting to occur in four 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 restricted stock units were granted on February 20, 2016 with vesting to occur in four equal annual installments beginning February 20, 2017.
- F6The restricted stock units were granted on February 20, 2017 with vesting to occur in four equal annual installments beginning February 20, 2018.
- F7The 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.
- F8The number of restricted stock units was subject to increase or decrease with the Company's performance against specific objectives defined in advance of the grant date. The revenue and profit performance objectives were achieved above target and the restricted stock units were increased accordingly. The restricted stock units vest in three equal annual installments beginning February 20, 2017.
- F9The number of restricted stock units was subject to increase or decrease with the Company's performance against specific objectives defined in advance of the grant date. The revenue and profit performance objectives were achieved above target and the restricted stock units were increased accordingly. The restricted stock units vest in three equal annual installments beginning February 20, 2018.