Key facts
- This page summarizes Douglas S. Sharp's Form 4 filing for INSPERITY, INC. (NSP).
- 4 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 22 Feb 2024, 17:00.
Douglas S. Sharp - 20 Feb 2024 Form 4 Insider Report for INSPERITY, INC. (NSP)
- Reporting relationship
- EVP Finance, CFO & Treasurer
- Issuer ticker
- NSP
- Reported as of
- 20 Feb 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 22 Feb 2024, 17:00:55 UTC
- Prior SEC filing
- 03 May 2023
- Next SEC filing
- 01 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Christian P. Callens, by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Douglas S. Sharp filed Form 4 for INSPERITY, INC. (NSP) on 22 Feb 2024.
Change
- Previous filing in this sequence was filed on 03 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NSP
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +7,396
- Change %
- +35%
- Price
- $0.000000
- Shares after
- 28,411
- Date
- 20 Feb 2024
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NSP
transaction
Derivative
Phantom Stock Performance Units (Stock Settled)
Award
- Transaction value
- $0
- Shares
- +2,324
- Change %
- +28%
- Price
- $0.000000
- Shares after
- 10,524
- Date
- 20 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,324
- Exercise price
- Footnotes
- F2, F3, F4, F5
NSP
transaction
Derivative
Phantom Stock Performance Units (Stock Settled)
Award
- Transaction value
- $0
- Shares
- +602
- Change %
- +5.7%
- Price
- $0.000000
- Shares after
- 11,126
- Date
- 20 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 602
- Exercise price
- Footnotes
- F2, F3, F5, F6
NSP
transaction
Derivative
Phantom Stock Performance Units (Stock Settled)
Options Exercise
- Transaction value
- $0
- Shares
- -7,396
- Change %
- -66%
- Price
- $0.000000
- Shares after
- 3,730
- Date
- 20 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 7,396
- Exercise price
- Footnotes
- F1, F2, F3, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
On this date, the Compensation Committee certified the achievement of the final performance conditions for these three-year performance period awards granted in 2021. These shares of Insperity, Inc. common stock ("Common Stock") will be settled as soon as practicable.
Footnote F2
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.
Footnote F3
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.
Footnote F4
These three-year performance period awards were granted in 2021. The Compensation Committee certified the achievement of the relative total shareholder return performance of Insperity's Common Stock against the performance of Insperity's 2021 compensation peer group of companies on this date. No further performance periods remain for this grant.
Footnote F5
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.
Footnote F6
These three-year performance period awards were granted in 2023. The Compensation Committee certified the achievement of the performance conditions related to 2023 performance on this date.