Christian P. Callens - 07 Feb 2025 Form 4 Insider Report for INSPERITY, INC. (NSP)

Signature
/s/ Christian P. Callens
Issuer symbol
NSP
Transactions as of
07 Feb 2025
Net transactions value
-$57,513
Form type
4
Filing time
04 Mar 2025, 17:12:45 UTC
Previous filing
01 Mar 2024
Next filing
04 Mar 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSP Common Stock Award $0 +102 +1.2% $0.000000 8,893 28 Feb 2025 Direct F1
transaction NSP Common Stock Tax liability $57,513 -654 -7.4% $87.94 8,239 28 Feb 2025 Direct F2
transaction NSP Common Stock Award $0 +6,250 +76% $0.000000 14,489 28 Feb 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NSP Phantom Stock Performance Units (Stock Settled) Award $0 +1,239 $0.000000 1,239 07 Feb 2025 Common Stock 1,239 Direct F4, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares represents the dividend rights that were settled in shares of Common Stock based on the fair market value of the Common Stock on the dividend payable dates. Fractional amounts have been rounded to the nearest whole number.
F2 Payment of tax liability by withholding securities incident to the vesting of a restricted stock unit award.
F3 Award of restricted stock units pursuant to the Insperity, Inc. Incentive Plan, as amended and restated. Units vest in annual increments of one-third beginning on the first anniversary of the award. Each restricted stock unit represents a right to receive one share of Common Stock upon vesting.
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. Incentive Plan based on a three-year performance period award cycle.
F5 These three-year performance period awards were granted in 2024. The Compensation Committee certified the achievement of the performance conditions related to 2024 performance on this date.
F6 The number of shares does not include additional shares related to the dividend rights that will be settled in shares of Common Stock after the certification of the final performance conditions. The dividend rights are converted into shares based on the closing price on the dividend payment date for each declared dividend.
F7 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.