Filing Details

Accession Number:
0000937098-17-000127
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-05-16 20:33:17
Reporting Period:
2017-05-12
Filing Date:
2017-05-16
Accepted Time:
2017-05-16 20:33:17
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 2017-05-12 7,965 $30.87 1,253,865 No 4 S Indirect By Trust
Common Stock Acquisiton 2017-05-15 1,000 $19.69 9,797 No 5 A Direct
Common Stock Acquisiton 2017-05-15 2,176 $0.00 11,973 No 4 M Direct
Common Stock Acquisiton 2017-05-15 8,617 $0.00 20,590 No 4 M Direct
Common Stock Acquisiton 2017-05-15 3,570 $0.00 24,160 No 4 M Direct
Common Stock Disposition 2017-05-15 7,496 $30.83 16,664 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Trust
No 5 A Direct
No 4 M 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 Restricted Stock Units Disposition 2017-05-15 2,176 $0.00 2,176 $0.00
Common Stock Restricted Stock Units Disposition 2017-05-15 8,617 $0.00 8,617 $0.00
Common Stock Restricted Stock Units Disposition 2017-05-15 3,570 $0.00 3,570 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,232 No 4 M Direct
86,168 No 4 M Direct
53,556 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 122,400 Indirect By Trust
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
  2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.52 to $31.15, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
  3. 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.
  4. 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).
  5. Restricted Stock Units convert into common stock on a one-for-one basis.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. On March 24, 2017, the Reporting Person was granted 57,126 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.