Filing Details

Accession Number:
0000937098-18-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-01-19 18:05:53
Reporting Period:
2018-01-17
Accepted Time:
2018-01-19 18:05:53
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 Acquisiton 2018-01-17 3,645 $1.45 32,234 No 4 M Direct
Common Stock Disposition 2018-01-17 3,645 $41.78 28,590 No 4 S Direct
Common Stock Disposition 2018-01-17 5,832 $41.78 1,211,326 No 4 S Indirect By Trust
Common Stock Disposition 2018-01-17 8,332 $41.77 64,076 No 4 S Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Indirect By Trust
No 4 S Indirect By Trust
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 2018-01-17 3,645 $0.00 3,645 $1.45
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
42,289 2023-03-13 No 4 M Direct
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 $41.58 to $42.17, 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. The total amount of securities beneficially owned directly was corrected to reflect the one additional share acquired in the November 15, 2017 purchase 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).
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.58 to $42.24, 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.
  5. 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.
  6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.55 to $42.185, 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.
  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. 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.