Unassociated Document
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date
of
Report (date of earliest event reported): August
20, 2007
Administaff,
Inc.
(Exact
name of registrant as specified in its charter)
Delaware
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1-13998
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76-0479645
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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19001
Crescent Springs Drive
Kingwood,
Texas 77339
(Address
of principal executive offices and zip code)
Registrant’s
telephone number, including area code: (281)
358-8986
Item
7.01. Regulation FD Disclosure.
On
August
20, 2007 Administaff, Inc.’s president, Richard G. Rawson, established new
structured, prearranged trading plans to sell a portion of his Administaff
common shares and exercise options over a one-year period in accordance with
Rule 10b5-1 of the Securities Exchange Act of 1934. Mr. Rawson’s most recent
trading plan expired in April 2007.
Under
the
new trading plans, Mr. Rawson may sell a maximum of 429,524 shares, of which
249,524 represent shares to be acquired in connection with the exercise of
stock
options, at a weighted average stock price of $46. The plans have 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.
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 hereunto
duly authorized.
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ADMINISTAFF,
INC. |
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By: |
/s/
Daniel D. Herink |
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Daniel
D. Herink |
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Vice
President of Legal, |
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General Counsel and Secretary |
Date: August 21, 2007 |
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