Christian P. Callens - Feb 7, 2025 Form 4 Insider Report for INSPERITY, INC. (NSP)

Role: SVP Legal, Gen Counsel & Sec
Signature: /s/ Christian P. Callens
Stock symbol: NSP
Transactions as of: Feb 7, 2025
Transactions value $: -$57,513
Form type: 4
Date filed: 3/4/2025, 05:12 PM
Previous filing: Mar 1, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NSP	Common Stock	Award	$0	+102	+1.16%	$0.00	8.89K	Feb 28, 2025	Direct	F1
transaction	NSP	Common Stock	Tax liability	-$57.5K	-654	-7.35%	$87.94	8.24K	Feb 28, 2025	Direct	F2
transaction	NSP	Common Stock	Award	$0	+6.25K	+75.86%	$0.00	14.5K	Feb 28, 2025	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NSP	Phantom Stock Performance Units (Stock Settled)	Award	$0	+1.24K		$0.00	1.24K	Feb 7, 2025	Common Stock	1.24K		Direct	F4, F5, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The number of shares represents the dividend rights that were settled in shares of Common Stock based on the fair market value of the Common Stock on the dividend payable dates. Fractional amounts have been rounded to the nearest whole number.
F2	Payment of tax liability by withholding securities incident to the vesting of a restricted stock unit award.
F3	Award of restricted stock units pursuant to the Insperity, Inc. Incentive Plan, as amended and restated. Units vest in annual increments of one-third beginning on the first anniversary of the award. Each restricted stock unit represents a right to receive one share of Common Stock upon vesting.
F4	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. Incentive Plan based on a three-year performance period award cycle.
F5	These three-year performance period awards were granted in 2024. The Compensation Committee certified the achievement of the performance conditions related to 2024 performance on this date.
F6	The number of shares does not include additional shares related to the dividend rights that will be settled in shares of Common Stock after the certification of the final performance conditions. The dividend rights are converted into shares based on the closing price on the dividend payment date for each declared dividend.
F7	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.