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Quotes & Info
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| NSIT > SEC Filings for NSIT > Form 8-K on 28-Aug-2009 | All Recent SEC Filings |
28-Aug-2009
Other Events
Richard A. Fennessy, President and CEO of Insight Enterprises, Inc. ("Insight"), adopted a pre-arranged stock trading plan on August 27, 2009 to exercise and sell company stock options with exercise prices of $18.53, $19.90 and $20.36 which will expire by their terms over the next nine months. The plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Security and Exchange Act of 1934 and Insight's policies regarding stock transactions.
Rule 10b5-1 allows corporate officers and directors to adopt written, pre-arranged stock trading plans when they do not have material, non-public information. Using these plans, insiders can gradually diversify their investment portfolios, can spread stock trades out over an extended period of time to reduce any market impact, and can avoid concerns about whether they had material, non-public information when they sold their stock.
The transactions in this plan will commence no earlier than October 28, 2009, and will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission. The Form 4 filings will also be posted on Insight's investor relations web site.
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