Filing Details
- Accession Number:
- 0000937098-16-000218
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-11-15 20:17:33
- Reporting Period:
- 2016-11-11
- Filing Date:
- 2016-11-15
- Accepted Time:
- 2016-11-15 20:17:33
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 937098 | Trinet Group Inc | TNET | Services-Business Services, Nec (7389) | 953359658 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1271858 | M. Burton Goldfield | Trinet Group, Inc. 1100 San Leandro Blvd., Ste. 400 San Leandro CA 94577 | President, Ceo And Director | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2016-08-25 | 82,050 | $0.00 | 5,774 | No | 5 | G | Direct | |
| Common Stock | Acquisiton | 2016-08-25 | 82,050 | $0.00 | 1,368,510 | No | 5 | G | Indirect | By Trust |
| Common Stock | Disposition | 2016-09-06 | 939 | $0.00 | 1,367,571 | No | 5 | G | Indirect | By Trust |
| Common Stock | Acquisiton | 2016-11-11 | 17,237 | $1.45 | 23,011 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-11-11 | 17,237 | $22.50 | 5,774 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2016-11-11 | 1,000 | $22.50 | 144,000 | No | 4 | S | Indirect | By Trust |
| Common Stock | Disposition | 2016-11-11 | 5,000 | $22.50 | 1,362,571 | No | 4 | S | Indirect | By Trust |
| Common Stock | Acquisiton | 2016-11-14 | 2,763 | $1.45 | 8,537 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-11-14 | 2,763 | $22.50 | 5,774 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2016-11-14 | 3,000 | $22.50 | 141,000 | No | 4 | S | Indirect | By Trust |
| Common Stock | Disposition | 2016-11-14 | 15,000 | $22.50 | 1,347,571 | No | 4 | S | Indirect | By Trust |
| Common Stock | Acquisiton | 2016-11-15 | 442 | $16.16 | 6,216 | No | 5 | A | Direct | |
| Common Stock | Acquisiton | 2016-11-15 | 2,176 | $0.00 | 8,392 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2016-11-15 | 8,617 | $0.00 | 17,009 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-11-15 | 5,633 | $22.56 | 11,376 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | G | Direct | |
| No | 5 | G | Indirect | By Trust |
| No | 5 | G | Indirect | By Trust |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | By Trust |
| No | 4 | S | Indirect | By Trust |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | By Trust |
| No | 4 | S | Indirect | By Trust |
| No | 5 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2016-11-11 | 17,237 | $0.00 | 17,237 | $1.45 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2016-11-14 | 2,763 | $0.00 | 2,763 | $1.45 |
| Common Stock | Restricted Stock Units | Disposition | 2016-11-15 | 2,176 | $0.00 | 2,176 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2016-11-15 | 8,617 | $0.00 | 8,617 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 125,567 | 2023-03-13 | No | 4 | M | Direct | |
| 122,804 | 2023-03-13 | No | 4 | M | Direct | |
| 19,584 | No | 4 | M | Direct | ||
| 103,401 | No | 4 | M | Direct |
Footnotes
- Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. and Maud Carol Goldfield, Trustees, Burton M. Goldfield and Maud Carol Goldfield Trust, u/a/d 12/6/00.
- The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
- Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. Goldfield and Maud Carol Goldfield, Trustees of the Alec Thunder Goldfield 2011 Irrevocable Trust.
- These shares were acquired under the TriNet Group, Inc 2014 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
- Restricted Stock Units convert into common stock on a one-for-one basis.
- These shares represent shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the Restricted Stock Units reported herein.
- Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 1, 2013, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.
- On March 5, 2015, the Reporting Person was granted 34,816 Restricted Stock Units, subject to a 4-year vesting schedule, 1/16 of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The Restricted Stock Units are also subject to accelerated vesting upon certain events.
- On January 4, 2016, the Reporting Person was granted 137,868 Restricted Stock Units, subject to a 4-year vesting schedule, 1/16 of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The Restricted Stock Units are also subject to accelerated vesting upon certain events.
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