0001127602-20-006679.txt : 20200220 0001127602-20-006679.hdr.sgml : 20200220 20200220163327 ACCESSION NUMBER: 0001127602-20-006679 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: SHARP DOUGLAS S CENTRAL INDEX KEY: 0001198988 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13998 FILM NUMBER: 20635657 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 0001198988 SHARP DOUGLAS S 19001 CRESCENT SPRINGS DRIVE KINGWOOD TX 77339 1 SVP Finance, CFO & Treasurer Common Stock 2020-02-18 4 M 0 15209 0 A 34472 D Common Stock 2020-02-18 4 F 0 800 73.51 D 33672 D Phantom Stock Performance Units (Stock Settled) 2020-02-18 4 A 0 3608 0 A Common Stock 3608 13563 D Phantom Stock Performance Units (Stock Settled) 2020-02-18 4 A 0 4401 0 A Common Stock 4401 17964 D Phantom Stock Performance Units (Stock Settled) 2020-02-18 4 A 0 2758 0 A Common Stock 2758 20722 D Phantom Stock Performance Units (Stock Settled) 2020-02-18 4 M 0 15209 0 D Common Stock 15209 5513 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