Company: NSP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001000753-25-000013
Chunk: 75

Company: INSPERITY, INC.
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 75
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 satisfy the minimum vesting period requirement of one-year by vesting on the earlier of the one-year anniversary of the grant date or the next annual meeting of the Company’s stockholders, provided such annual meeting is at least fifty weeks after the immediately preceding annual meeting.

#### Determination of Share Reserve
Currently, the Plan has 826,729 shares available for future awards. If any awards are granted between April 4, 2025 and the date stockholders approve this Proposal, the shares subject to such awards would be deducted from the 826,729 shares remaining under the Plan, such that the new number of shares available for new awards going forward would also be reduced, and would equal the sum of 826,729, less the shares subject to awards granted after April 4, 2025, plus the by 620,000 new shares. This number of shares remaining available as of April 4, 2025, is insufficient to carry out the purposes of the Plan, as discussed below. If Proposal 3 is adopted, the shares reserved for the Plan will be increased by another by 620,000 shares.

The Plan’s purposes remain unchanged and are to: (a) retain and attract persons of training, experience and ability to serve as employees of the Company and its subsidiaries and to serve as non-employee directors of the Company; (b) encourage a sense of proprietorship of such persons; and, (c) stimulate the active interest of such persons in the development and financial success of the Company and its subsidiaries. The Company’s stockholders most recently approved the Plan at the annual meeting of stockholders held on May 22, 2023. The Board believes that the Plan is achieving its objectives and believes that to continue to carry out its objectives, it is necessary to increase the number of shares reserved for issuance under the Plan.

The Board and Committee considered a number of factors in determining the share reserve for the Plan, including the number of shares remaining available under the Plan, our past share usage, our estimate of the number of shares needed for future awards and potential dilution.

| As of April 4, 2025                                             |     |            |     |     |   |
|:----------------------------------------------------------------|:----|-----------:|:----|----:|:--|
| Total equity awards outstanding (A)                             |     |  1,456,211 |     |     |   |
| Shares available for grant under the Plan prior to increase (B) |     |