0001127602-20-006666.txt : 20200220
0001127602-20-006666.hdr.sgml : 20200220
20200220162632
ACCESSION NUMBER: 0001127602-20-006666
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200218
FILED AS OF DATE: 20200220
DATE AS OF CHANGE: 20200220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MINCKS JAY E
CENTRAL INDEX KEY: 0001198985
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13998
FILM NUMBER: 20635493
MAIL ADDRESS:
STREET 1: C/O INSPERITY
STREET 2: 19001 CRESCENT SPRINGS DR
CITY: KINGWOOD
STATE: TX
ZIP: 77339
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: INSPERITY, INC.
CENTRAL INDEX KEY: 0001000753
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363]
IRS NUMBER: 760479645
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 19001 CRESCENT SPRINGS DR
CITY: KINGWOOD
STATE: TX
ZIP: 77339
BUSINESS PHONE: 7133588986
MAIL ADDRESS:
STREET 1: 19001 CRESCENT SPRINGS DR
CITY: KINGWOOD
STATE: TX
ZIP: 77339
FORMER COMPANY:
FORMER CONFORMED NAME: ADMINISTAFF INC \DE\
DATE OF NAME CHANGE: 19950915
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2020-02-18
0001000753
INSPERITY, INC.
NSP
0001198985
MINCKS JAY E
19001 CRESCENT SPRINGS DRIVE
KINGWOOD
TX
77339
1
EVP of Sales & Marketing
Common Stock
2020-02-18
4
M
0
27029
0
A
85233
D
Common Stock
2020-02-18
4
F
0
941
73.51
D
84292
D
Phantom Stock Performance Units (Stock Settled)
2020-02-18
4
A
0
6408
0
A
Common Stock
6408
24572
D
Phantom Stock Performance Units (Stock Settled)
2020-02-18
4
A
0
7821
0
A
Common Stock
7821
32393
D
Phantom Stock Performance Units (Stock Settled)
2020-02-18
4
A
0
5364
0
A
Common Stock
5364
37757
D
Phantom Stock Performance Units (Stock Settled)
2020-02-18
4
M
0
27029
0
D
Common Stock
27029
10728
D
These shares of Insperity, Inc. common stock ("Common Stock") will be settled following the certification by the Compensation Committee on this date of the achievement of the final performance conditions for these three-year performance period awards granted in 2017.
The number of shares does not include additional shares related to the cash value of dividend rights in the amount of $3.58 per share to be settled in shares of Common Stock based on the fair market value of the Common Stock on the trading day immediately preceding the final settlement date in accordance with the Insperity, Inc. Long-Term Incentive Program (the "LTIP") under the Insperity, Inc. 2012 Incentive Plan, which will be reported in a separate filing.
Payment of tax liability by withholding securities incident to the vesting of a restricted stock award.
Each phantom stock performance unit represents a contingent right to receive one share of Common Stock pursuant to the terms of the LTIP under the Insperity, Inc. 2012 Incentive Plan based on a three-year performance period award cycle.
These three-year performance period awards were granted in 2017. The Compensation Committee certified the achievement of the performance conditions related to 2019 performance on this date. No further performance periods remain for this grant.
The 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.
The number of shares does not include the 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 after the end of the three-year award cycle in accordance with the LTIP.
These three-year performance period awards were granted in 2017. The Compensation Committee certified the achievement of the relative total shareholder return performance of Insperity's Common Stock against the performance of Insperity's 2017 compensation peer group of companies on this date. No further performance periods remain for this grant.
These three-year performance period awards were granted in 2018. The Compensation Committee certified the achievement of the performance conditions related to 2019 performance on this date.
/s/ Daniel D. Herink, by Power of Attorney
2020-02-20