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NSP > SEC Filings for NSP > Form 8-K on 11-Dec-2013All Recent SEC Filings

Show all filings for INSPERITY, INC.

Form 8-K for INSPERITY, INC.


11-Dec-2013

Regulation FD Disclosure


Item 7.01. Regulation FD Disclosure.

On December 9, 2013, Paul J. Sarvadi, Chairman of the Board and Chief Executive Officer, established a new structured, prearranged trading plan to sell a portion of his Insperity common shares over a six month period in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. Mr. Sarvadi's most recent trading plan expired in December 2013.

Under the new trading plan, Mr. Sarvadi may sell a maximum of 85,500 shares at predetermined stock prices ranging from approximately $34 to $51. These shares represent approximately 5% of Mr. Sarvadi's current common stock holdings.

The plan has been initiated during the company's open window for insider transactions.

Rule 10b5-1 permits the implementation of a written plan for selling stock at times when insiders are not in possession of material nonpublic information, and allows them to sell stock on a regular basis and in a non-discretionary manner, regardless of any subsequent material nonpublic information they receive.


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