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INSIGHT ENTERPRISES INC — Director's Dealing 2020
Nov 30, 2020
31249_dirs_2020-11-30_bbaf2b72-7bc2-40db-8a54-49aa9a888893.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: 2020-11-27
Reporting Person: LAMNECK KENNETH T (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-27 | Common Stock | G | 70000 | $0.00 | Disposed | 193000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 122829 | Direct |
Footnotes
F1: The reporting person serves as the manager of a family LLC. On November 27, 2020, the reporting person contributed 70,000 directly owned Insight shares to the Family LLC. On November 28, 2020, the reporting person transferred the membership interests in the LLC received for such contribution, representing a pecuniary interest in 193,000 Insight shares and certain other unrelated assets, to three separate irrevocable trusts, one for the benefit of each of the reporting person's spouse and children. Because the reporting person is the manager of the LLC, the number of shares reported as indirectly owned by the family LLC includes all shares owned by the LLC, including the pecuniary interest in any such shares underlying the LLC membership interests transferred to the irrevocable trusts. The reporting person disclaims beneficial ownership of any shares exceeding his pecuniary interest in the family LLC.