Home/Filings/4/0001127602-21-007996
4//SEC Filing

MINCKS JAY E 4

Accession 0001127602-21-007996

CIK 0001000753other

Filed

Feb 24, 7:00 PM ET

Accepted

Feb 25, 7:59 PM ET

Size

21.8 KB

Accession

0001127602-21-007996

Insider Transaction Report

Form 4
Period: 2021-02-23
MINCKS JAY E
Exec VP Sales & Marketing
Transactions
  • Award

    Phantom Stock Performance Units (Stock Settled)

    2021-02-23+4,18614,914 total
    Common Stock (4,186 underlying)
  • Award

    Phantom Stock Performance Units (Stock Settled)

    2021-02-23+3,48818,402 total
    Common Stock (3,488 underlying)
  • Exercise/Conversion

    Phantom Stock Performance Units (Stock Settled)

    2021-02-2318,4025,388 total
    Common Stock (18,402 underlying)
  • Exercise/Conversion

    Common Stock

    2021-02-23+18,40289,847 total
  • Exercise/Conversion

    Common Stock

    2021-02-23+26,580116,427 total
  • Award

    Phantom Stock Performance Units (Stock Settled)

    2021-02-23+5,38823,790 total
    Common Stock (5,388 underlying)
  • Award

    Phantom Stock Performance Units (Stock Settled)

    2021-02-23+26,58031,968 total
    Common Stock (26,580 underlying)
  • Exercise/Conversion

    Phantom Stock Performance Units (Stock Settled)

    2021-02-2326,5805,388 total
    Common Stock (26,580 underlying)
Footnotes (9)
  • [F1]On this date, the Compensation Committee certified the achievement of the final performance conditions for these three-year performance period awards granted in 2018. 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]On this date, the Compensation Committee certified the achievement of the final performance conditions for these one-year performance period awards granted in 2020. These shares of Common Stock will be settled as soon as practicable.
  • [F4]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 Plan (the "LTIP") and short-term awards issued under the Insperity, Inc. 2012 Incentive Plan based on the applicable three-year or one-year performance period award cycle, respectively.
  • [F5]These three-year performance period awards were granted in 2018. The Compensation Committee certified the achievement of the performance conditions related to 2020 performance on this date. No further performance periods remain for this grant.
  • [F6]These phantom stock performance units vest at the end of the three-year award cycle period for LTIP awards or at the end of a one-year award cycle period for short-term awards following certification in accordance with the LTIP or short-term awards of the achievement of all performance goals for the performance periods applicable to such award.
  • [F7]These three-year performance period awards were granted in 2018. The Compensation Committee certified the achievement of the relative total shareholder return performance of Insperity's Common Stock against the performance of Insperity's 2018 compensation peer group of companies on this date. No further performance periods remain for this grant.
  • [F8]These three-year performance period awards were granted in 2020. The Compensation Committee certified the achievement of the performance conditions related to 2020 performance on this date.
  • [F9]These one-year performance period awards were granted in 2020. The Compensation Committee certified the achievement of the performance conditions related to 2020 performance on this date. No further performance periods remain for this grant.

Issuer

INSPERITY, INC.

CIK 0001000753

Entity typeother

Related Parties

1
  • filerCIK 0001198985

Filing Metadata

Form type
4
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 7:59 PM ET
Size
21.8 KB