Alexander L. Baum - 15 Feb 2024 Form 4 Insider Report for INSIGHT ENTERPRISES INC (NSIT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
20 Feb 2024, 19:56:28 UTC
Prior SEC filing
22 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Alexander L. Baum

Key filing fact

Alexander L. Baum filed Form 4 for INSIGHT ENTERPRISES INC (NSIT) on 20 Feb 2024.

Key facts

  • This page summarizes Alexander L. Baum's Form 4 filing for INSIGHT ENTERPRISES INC (NSIT).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 20 Feb 2024, 19:56.

Change

  • Previous filing in this sequence was filed on 22 May 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NSIT transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+109
Change %
Price
$0.000000
Shares after
109
Date
15 Feb 2024
Ownership
Direct
Footnotes
F1, F2
NSIT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,511,630
Date
15 Feb 2024
Ownership
See footnotes
Footnotes
F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NSIT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-109
Change %
-4.4%
Price
$0.000000
Shares after
2,350
Date
15 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
109
Exercise price
$0.000000
Footnotes
F1, F2, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each reporting person listed herein disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Footnote F2

The ValueAct entities referred to in this footnote 2 are collectively referred to herein as "ValueAct Capital." Under an agreement with ValueAct Capital, Alexander L. Baum is deemed to hold the shares for the benefit of the limited partners of ValueAct Capital Master Fund, L.P. and indirectly for (i) VA Partners I, LLC as General Partner of ValueAct Capital Master Fund, L.P., (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P., (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the majority owner of the membership interests of VA Partners I, LLC, (v) ValueAct Holdings II, L.P. as the sole owner of the membership interests of ValueAct Capital Management, LLC and as the majority owner of the limited partnership interests of ValueAct Capital Management, L.P., and (vi) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P. and ValueAct Holdings II, L.P.

Footnote F3

The securities reported herein are directly beneficially owned by ValueAct Capital Master Fund, L.P. and may be deemed to be indirectly beneficially owned by (i) VA Partners I, LLC as General Partner of ValueAct Capital Master Fund, L.P. , (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P. , (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the majority owner of the membership interests of VA Partners I, LLC, (v) ValueAct Holdings II, L.P. as the sole owner of the membership interests of ValueAct Capital Management, LLC and as the majority owner of the limited partnership interests of ValueAct Capital Management, L.P., and (vi) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P. and ValueAct Holdings II, L.P.

Footnote F4

Each restricted stock unit represents a contingent right to receive one share of Common Stock of Insight Enterprises, Inc.

Footnote F5

The restricted stock units were granted on February 15, 2022, with vesting to occur in three equal annual installments beginning February 15, 2023.

SEC remarks

The reporting persons herein may be deemed to be members of a "group" for purposes of the Securities Exchange Act of 1934, as amended. Each reporting person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by such reporting person. This report shall not be deemed an admission that such reporting person is a member of a group or the beneficial owner of any securities not directly owned by such reporting person. Alexander L. Baum, a Partner at ValueAct Capital, serves on the board of directors of the Issuer. As a result, the other reporting persons herein may be deemed directors by deputization.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .