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 | 1-13998 | 76-0479645 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
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.
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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.
| ADMINISTAFF, INC. | ||
| | | |
| By: | /s/ Daniel D. Herink | |
Daniel D. Herink | ||
| Vice President of Legal, | ||
| General Counsel and Secretary | ||
| Date: August 21, 2007 | ||
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