Company: NSP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001000753-25-000013
Chunk: 81

Company: INSPERITY, INC.
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 81
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”). An RSU is the right to receive the value of one share (or a percentage of such value) in cash, shares or combination thereof.

#### Insperity582025 Proxy Statement

#### Stock Appreciation Rights
The Committee may grant an Award in SARs. SARs represent the right to receive an amount shares or cash equal to the appreciation in value of a specified number of shares over a particular period of time. SARs are subject to such terms and conditions as may be established by the Committee, except that the SAR exercise price cannot be less than the fair market value per share on the date of grant.

#### Cash Awards
The Committee may grant an Award in cash.

#### Other Stock-Based Awards
The Committee, in its discretion, may grant other forms of awards based on, or payable in, shares.

#### Annual Award Limits
During any one calendar year, awards with respect to common stock to any individual employee participant are limited to 750,000 shares from each of the following categories: (a) options or SARs; (b) stock awards (excluding restricted stock, but including RSUs), phantom stock awards or other stock-based awards; and (c) restricted stock. During any one calendar year, no participant may receive an aggregate payment under cash awards or performance awards payable in cash in excess of $15,000,000.

Terms, Conditions and Limitations of Non-employee Director Awards

The Board may grant awards to non-employee directors, which may consist of the forms of awards available to employees (excluding ISOs), and subject to the terms and conditions set forth in the Plan.

The Plan provides that no non-employee director may be granted during any one calendar year director awards having a value determined on the grant date that, when added to all cash compensation paid to the director during the same calendar year, excluding any amounts deferred from a prior calendar year, would exceed $1,000,000.

#### Other Terms and Limitations

#### Minimum Vesting for Employee Awards
All employee awards, other than cash awards, are subject to a minimum vesting period of one year from the grant date, with limited exceptions for death, disability, retirement or a change in control. The Committee may grant a maximum of five percent (5%) of authorized shares that are not subject to the one year minimum vesting requirement. If approved by stockholders, the Plan is being amended to additionally require that awards, other than cash awards, to non-employee directors be granted with a minimum vesting period of one-year