Joyce A. Mullen - 20 Feb 2022 Form 4 Insider Report for INSIGHT ENTERPRISES INC (NSIT)

Role
President, North America
Signature
Lisanne Steinheiser, by Power of Attorney, for Joyce A. Mullen
Issuer symbol
NSIT
Transactions as of
20 Feb 2022
Net transactions value
-$95,447
Form type
4
Filing time
22 Feb 2022, 16:01:32 UTC
Previous filing
12 Nov 2021
Next filing
03 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSIT Common Stock Options Exercise $0 +1,197 +13% $0.000000 10,177 20 Feb 2022 Direct
transaction NSIT Common Stock Tax liability $34,045 -341 -3.4% $99.84 9,836 20 Feb 2022 Direct F1
transaction NSIT Common Stock Options Exercise $0 +2,095 +21% $0.000000 11,931 20 Feb 2022 Direct
transaction NSIT Common Stock Tax liability $61,402 -615 -5.2% $99.84 11,316 20 Feb 2022 Direct F1

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 NSIT Restricted Stock Units Options Exercise $0 -1,197 -25% $0.000000 3,590 20 Feb 2022 Common Stock 1,197 Direct F2, F3
transaction NSIT Restricted Stock Units Options Exercise $0 -2,095 -33% $0.000000 4,188 20 Feb 2022 Common Stock 2,095 Direct F2, F4
transaction NSIT Restricted Stock Units Award $0 +10,017 $0.000000 10,017 20 Feb 2022 Common Stock 10,017 Direct F2, F5
transaction NSIT Restricted Stock Units Award $0 +7,512 $0.000000 7,512 20 Feb 2022 Common Stock 7,512 Direct F2, F6
transaction NSIT Restricted Stock Units Award $0 +7,512 $0.000000 7,512 20 Feb 2022 Common Stock 7,512 Direct F2, F7
transaction NSIT Restricted Stock Units Award $0 +5,009 $0.000000 5,009 20 Feb 2022 Common Stock 5,009 Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Insight Enterprises, Inc. has withheld the number of whole shares necessary to satisfy the minimum statutory tax withholding obligations. The value of the vested shares (and the taxable income) is calculated based on the closing price on the vesting date or next preceding trading date in the case that the vesting date is a non-trading date.
F2 Each restricted stock unit represents a contingent right to receive one share of Common Stock of Insight Enterprises, Inc.
F3 The restricted stock units were granted on February 20, 2021 with vesting to occur in four equal annual installments beginning February 20, 2022.
F4 The number of restricted stock units increases or decreases with the Company's performance against specific objectives defined in advance of the grant date, and the restricted stock units will vest in three equal annual installments beginning February 20, 2022.
F5 The restricted stock units were granted on February 20, 2022 with vesting to occur in three equal annual installments beginning February 20, 2023.
F6 The number of restricted stock units increases or decreases with the Company's performance against specific objectives defined in advance of the grant date, and the restricted stock units will vest in three equal annual installments beginning February 20, 2023.
F7 The number of restricted stock units increases or decreases with the Company performance over a three year measurement period against a specific objective defined in advance of the grant date, and, subject to achievement of the specific objective, the restricted stock units will vest when the results are determined in 2025.
F8 The restricted stock units were granted on February 20, 2022 with vesting to occur in two equal annual installments beginning February 20, 2023.