James A. Morgado - Feb 20, 2023 Form 4 Insider Report for INSIGHT ENTERPRISES INC (NSIT)

Signature
Lisanne Steinheiser, by Power of Attorney, for James A. Morgado
Stock symbol
NSIT
Transactions as of
Feb 20, 2023
Transactions value $
-$44,768
Form type
4
Date filed
2/22/2023, 03:34 PM
Previous filing
Feb 17, 2023
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSIT Common Stock Options Exercise $0 +668 +27.46% $0.00 3.1K Feb 20, 2023 Direct
transaction NSIT Common Stock Tax liability -$24.3K -186 -6% $130.52 2.92K Feb 20, 2023 Direct F1
transaction NSIT Common Stock Options Exercise $0 +564 +19.35% $0.00 3.48K Feb 20, 2023 Direct
transaction NSIT Common Stock Tax liability -$20.5K -157 -4.51% $130.52 3.32K Feb 20, 2023 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 -668 -33.33% $0.00 1.34K Feb 20, 2023 Common Stock 668 Direct F2, F3
transaction NSIT Restricted Stock Units Options Exercise $0 -564 -33.33% $0.00 1.13K Feb 20, 2023 Common Stock 564 Direct F2, F4
transaction NSIT Restricted Stock Units Award $0 +1.53K $0.00 1.53K Feb 20, 2023 Common Stock 1.53K Direct F2, F5
transaction NSIT Restricted Stock Units Award $0 +1.15K $0.00 1.15K Feb 20, 2023 Common Stock 1.15K Direct F2, F6
transaction NSIT Restricted Stock Units Award $0 +1.15K $0.00 1.15K Feb 20, 2023 Common Stock 1.15K Direct F2, F7
* 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, 2022 with vesting to occur in three equal annual installments beginning February 20, 2023.
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, 2023.
F5 The restricted stock units were granted on February 20, 2023 with vesting to occur in three equal annual installments beginning February 20, 2024.
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, 2024.
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 2026.