Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The following table provides information about purchases by Insperity during the three months ended June 30, 2021 of equity securities that are registered by Insperity pursuant to Section 12 of the Exchange Act:
Period
Total Number of Shares Purchased (1)(2)
Average Price Paid per Share Total Number of Shares Purchased Under Announced Program (2)
Maximum Number of Shares Available for Purchase under Announced Program (2)
04/01/2021 – 04/30/2021 — $ — — 1,078,233
05/01/2021 – 05/31/2021 30,046 92.86 30,000 1,048,233
06/01/2021 – 06/30/2021 67,540 89.73 67,377 980,856
Total 97,586 $ 90.69 97,377
____________________________________
(1) During the three months ended June 30, 2021, 209 shares of stock were withheld to satisfy tax-withholding obligations arising in conjunction with the vesting of restricted stock awards. The required withholding is calculated using the closing sales price reported by the New York Stock Exchange on the date prior to the applicable vesting date. These shares are not subject to the repurchase program.
(2) As of June 30, 2021, we were authorized to repurchase an additional 980,856 shares under the program. Unless terminated earlier by resolution of the Board, the repurchase program will expire when we have repurchased all shares authorized for repurchase under the repurchase program.
Insperity | 2021 Second Quarter Form 10-Q
37
OTHER INFORMATION
Item 6. Exhibits
Exhibit No Exhibit
3.1 Certificate of Elimination with Respect to Series A Junior Participating Preferred Stock of Insperity, Inc. (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K filed on May 2 6 , 2021).
31.1 * Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2 * Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1 ** Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2 ** Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS * Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
101.SCH * Inline XBRL Taxonomy Extension Schema Document.
101.CAL * Inline XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF * Inline XBRL Extension Definition Linkbase Document.
101.LAB * Inline XBRL Taxonomy Extension Label Linkbase Document.
101.PRE * Inline XBRL Taxonomy Extension Presentation Linkbase Document.
104 Cover Page Interactive Data File (embedded with the Inline XBRL document).
____________________________________
* Filed with this report.
** Furnished with this report.
Insperity | 2021 Second Quarter Form 10-Q
38
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
INSPERITY, INC.
Date: August 2, 2021 By: /s/ Douglas S. Sharp
Douglas S. Sharp
Senior Vice President of Finance,
Chief Financial Officer and Treasurer
(Principal Financial Officer)
Insperity | 2021 Second Quarter Form 10-Q
39
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.