4//SEC Filing
Herink Daniel D 4
Accession 0001127602-23-007151
CIK 0001000753other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 6:06 PM ET
Size
20.7 KB
Accession
0001127602-23-007151
Insider Transaction Report
Form 4
Herink Daniel D
SVP Legal, Gen Counsel & Sec'y
Transactions
- Exercise/Conversion
Common Stock
2023-02-22+7,511→ 24,580 total - Award
Phantom Stock Performance Units (Stock Settled)
2023-02-22+2,138→ 8,957 total→ Common Stock (2,138 underlying) - Award
Phantom Stock Performance Units (Stock Settled)
2023-02-22+2,378→ 13,745 total→ Common Stock (2,378 underlying) - Award
Phantom Stock Performance Units (Stock Settled)
2023-02-22+2,363→ 6,819 total→ Common Stock (2,363 underlying) - Award
Phantom Stock Performance Units (Stock Settled)
2023-02-22+2,410→ 11,367 total→ Common Stock (2,410 underlying) - Exercise/Conversion
Phantom Stock Performance Units (Stock Settled)
2023-02-22−7,511→ 6,234 total→ Common Stock (7,511 underlying)
Footnotes (8)
- [F1]On this date, the Compensation Committee certified the achievement of the final performance conditions for these three-year performance period awards granted in 2020. These shares of Insperity, Inc. common stock ("Common Stock") will be settled as soon as practicable.
- [F2]The number of shares does not include additional shares related to the cash value of dividend rights that will be settled in shares of Common Stock. The value of these dividend rights will be based on the fair market value of the Common Stock on the trading day immediately preceding the final settlement date following the certification of the final performance conditions.
- [F3]Each phantom stock performance unit represents a contingent right to receive one share of Common Stock pursuant to the terms of the Long-Term Incentive Program (the "LTIP") awards issued under the Insperity, Inc. 2012 Incentive Plan based on a three-year performance period award cycle.
- [F4]These three-year performance period awards were granted in 2020. The Compensation Committee certified the achievement of the performance conditions related to 2022 performance on this date. No further performance periods remain for this grant.
- [F5]These phantom stock performance units vest at the end of the three-year award cycle period following certification in accordance with the LTIP of the achievement of all performance goals for the performance periods applicable to such award.
- [F6]These three-year performance period awards were granted in 2020. The Compensation Committee certified the achievement of the relative total shareholder return performance of Insperity's Common Stock against the performance of Insperity's 2020 compensation peer group of companies on this date. No further performance periods remain for this grant.
- [F7]These three-year performance period awards were granted in 2021. The Compensation Committee certified the achievement of the performance conditions related to 2022 performance on this date.
- [F8]These three-year performance period awards were granted in 2022. The Compensation Committee certified the achievement of the performance conditions related to 2022 performance on this date.
Issuer
INSPERITY, INC.
CIK 0001000753
Entity typeother
Related Parties
1- filerCIK 0001398237
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 6:06 PM ET
- Size
- 20.7 KB