4//SEC Filing
ARIZPE ARTHUR A 4
Accession 0001127602-24-006347
CIK 0001000753other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:58 PM ET
Size
14.0 KB
Accession
0001127602-24-006347
Insider Transaction Report
Form 4
ARIZPE ARTHUR A
Exec VP Client Services & COO
Transactions
- Award
Phantom Stock Performance Units (Stock Settled)
2024-02-20+3,513→ 15,908 total→ Common Stock (3,513 underlying) - Exercise/Conversion
Common Stock
2024-02-20+11,182→ 75,256 total - Award
Phantom Stock Performance Units (Stock Settled)
2024-02-20+961→ 16,869 total→ Common Stock (961 underlying) - Exercise/Conversion
Phantom Stock Performance Units (Stock Settled)
2024-02-20−11,182→ 5,687 total→ Common Stock (11,182 underlying)
Holdings
- 109,808(indirect: By S.C.A Legacy, Ltd.)
Common Stock
Footnotes (7)
- [F1]On this date, the Compensation Committee certified the achievement of the final performance conditions for these three-year performance period awards granted in 2021. 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]These shares are owned directly by S.C.A. Legacy, Ltd., which is controlled by Arizpe Management, LLC. Mr. Arizpe, by virtue of his position as Manager of Arizpe Management, may be deemed to beneficially own these shares.
- [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 Program (the "LTIP") awards issued under the Insperity, Inc. 2012 Incentive Plan based on a three-year performance period award cycle.
- [F5]These three-year performance period awards were granted in 2021. The Compensation Committee certified the achievement of the relative total shareholder return performance of Insperity's Common Stock against the performance of Insperity's 2021 compensation peer group of companies 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 following certification in accordance with the LTIP 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 2023. The Compensation Committee certified the achievement of the performance conditions related to 2023 performance on this date.
Documents
Issuer
INSPERITY, INC.
CIK 0001000753
Entity typeother
Related Parties
1- filerCIK 0001055604
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:58 PM ET
- Size
- 14.0 KB