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INSIGHT ENTERPRISES INC — Director's Dealing 2010
Feb 23, 2010
31249_dirs_2010-02-23_320969e8-d970-4beb-8127-c1afd1ec0a66.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INSIGHT ENTERPRISES INC (NSIT)
CIK: 0000932696
Period of Report: 2010-02-20
Reporting Person: Johnson Helen (SVP Treasurer and IR)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-02-20 | Common Stock | M | 2987 | $0.00 | Acquired | 13391 | Direct |
| 2010-02-20 | Common Stock | F | 1148 | $13.25 | Disposed | 12243 | Direct |
| 2010-02-20 | Common Stock | M | 5376 | $0.00 | Acquired | 17619 | Direct |
| 2010-02-20 | Common Stock | F | 1904 | $13.25 | Disposed | 15715 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-02-20 | Restricted Stock Units | $ | M | 2987 | Disposed | Common Stock (2987) | Direct | |
| 2010-02-20 | Restricted Stock Units | $ | M | 5376 | Disposed | Common Stock (5376) | Direct | |
| 2010-02-20 | Restricted Stock Units | $ | A | 7064 | Acquired | Common Stock (7064) | Direct | |
| 2010-02-20 | Restricted Stock Units | $ | A | 10597 | Acquired | Common Stock (10597) | Direct |
Footnotes
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 preceeding 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, 2009, with vesting to occur in three equal installments beginning February 20, 2010.
F4: The restricted stock units were granted on February 20, 2009. The number of stock units increased with actual earnings per share (for the fiscal year ended December 31, 2009, on a consolidated non-GAAP diluted basis) and was greater than target earnings per share. Vesting occurs in three equal installments beginning February 20, 2010.
F5: The restricted stock units were granted on February 20, 2010, with vesting to occur in three equal installments beginning February 20, 2011.
F6: The number of restricted stock units increases or decreases with actual earnings per share (for the fiscal year ending December 31, 2010, on a consolidated non-GAAP diluted basis) greater or less than target earnings per share, and the restricted stock units vest in three equal installments beginning February 20, 2011.