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INSPERITY, INC. — Director's Dealing 2013
Jun 10, 2013
31750_dirs_2013-06-10_3e4dcc5a-40d3-4e27-89b8-e125abb3b003.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INSPERITY, INC. (NSP)
CIK: 0001000753
Period of Report: 2013-06-07
Reporting Person: SARVADI PAUL J (Director, Chairman of the Board & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-06-07 | Common Stock | M | 4494 | $17.17 | Acquired | 248628 | Direct |
| 2013-06-07 | Common Stock | S | 4494 | $30.0651 | Disposed | 244134 | Direct |
| 2013-06-07 | Common Stock | S | 2628 | $30.0651 | Disposed | 1006919 | Indirect |
| 2013-06-07 | Common Stock | S | 1357 | $30.0651 | Disposed | 497535 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-06-07 | Employee Stock Option | $17.17 | M | 4494 | Disposed | 2014-04-01 | Common Stock (4494) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 19644 | Indirect |
Footnotes
F1: The option exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2013.
F2: Weighted average price. Actual prices ranged from $30.00 to $30.22.
F3: Full information regarding the number of shares sold at each separate price will be provided upon request to the SEC's staff, Insperity, Inc. or its stockholders.
F4: The options were scheduled to become excercisable in three equal annual installments beginning April 1, 2005. However, on February 1, 2005, the Insperity Board of Directors accelerated the vesting of all unvested outstanding options with an exercise price greater than the January 31, 2005 closing market price of $14.59 per share.