0001127602-23-007151.txt : 20230224
0001127602-23-007151.hdr.sgml : 20230224
20230224180657
ACCESSION NUMBER: 0001127602-23-007151
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20230222
FILED AS OF DATE: 20230224
DATE AS OF CHANGE: 20230224
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Herink Daniel D
CENTRAL INDEX KEY: 0001398237
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13998
FILM NUMBER: 23669211
MAIL ADDRESS:
STREET 1: 19001 CRESCENT SPRINGS DRIVE
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
2023-02-22
0001000753
INSPERITY, INC.
NSP
0001398237
Herink Daniel D
19001 CRESCENT SPRINGS DRIVE
KINGWOOD
TX
77339
1
EVP Legal, Gen Counsel & Sec
Common Stock
2023-02-22
4
M
0
7511
0
A
24580
D
Phantom Stock Performance Units (Stock Settled)
2023-02-22
4
A
0
2363
0
A
Common Stock
2363
6819
D
Phantom Stock Performance Units (Stock Settled)
2023-02-22
4
A
0
2138
0
A
Common Stock
2138
8957
D
Phantom Stock Performance Units (Stock Settled)
2023-02-22
4
A
0
2410
0
A
Common Stock
2410
11367
D
Phantom Stock Performance Units (Stock Settled)
2023-02-22
4
A
0
2378
0
A
Common Stock
2378
13745
D
Phantom Stock Performance Units (Stock Settled)
2023-02-22
4
M
0
7511
0
D
Common Stock
7511
6234
D
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.
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.
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.
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.
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.
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.
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.
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.
Exhibit List: Exhibit 24 - Power of Attorney
/s/ Christian P. Callens, by Power of Attorney
2023-02-24
EX-24
2
doc1.txt
POWER OF ATTORNEY (PUBLIC): EX 24
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes and
appoints Daniel Herink, Christian Callens, Melissa McEllin, Sean Duffy and
Bryan Smith, each of them severally, and with full power of substitution,
the undersigned?s true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned, in the undersigned?s
capacity as an officer and/or director of Insperity, Inc. (the ?Company?),
Forms ID, 3, 4, and 5 in accordance with Section 16(a) of the Securities
Exchange Act of 1934 and the rules thereunder;
(2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Forms ID,
3, 4, or 5, complete and execute any amendment or amendments thereto, and
timely file such form with the SEC and any stock exchange or similar
authority; and
(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit
to, in the best interest of, or legally required by, the undersigned, it
being understood that the documents executed by such attorney-in-fact on
behalf of the undersigned pursuant to this Power of Attorney shall be in such
form and shall contain such terms and conditions as such attorney-in-fact may
approve in such attorney-in-fact?s discretion.
The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might
or could do if personally present, with full power of substitution or
revocation, hereby ratifying and confirming all that such attorney-in-fact, or
such attorney-in-fact?s substitute or substitutes, shall lawfully do or cause
to be done by virtue of this power of attorney and the rights and powers herein
granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, are not assuming,
nor is the Company assuming, any of the undersigned?s responsibilities to
comply with Section 16 of the Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms ID, 3, 4, and 5 with respect to
the undersigned?s holdings of and transactions in securities issued by the
Company, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as of this 23rd day of February, 2023.
/s/Daniel D. Herink
Signature
Daniel D. Herink
Print Name