  Let X be a Hyperk\"{a}hler variety deformation equivalent to the Hilbert
square on a K3 surface and let f be an involution preserving the symplectic
form. We prove that the fixed locus of f consists of 28 isolated points and 1
K3 surface, moreover the anti-invariant lattice of the induced involution on
H^2(X,Z) is isomorphic to E_8(-2). Finally we prove that any couple consisting
of one such variety and a symplectic involution on it can be deformed into a
couple consisting of the Hilbert square of a K3 surface and the involution
induced by a Nikulin involution on the K3 surface.
