Filing Details

Accession Number:
0000937098-18-000122
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-17 20:58:34
Reporting Period:
2018-05-15
Accepted Time:
2018-05-17 20:58:34
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.
One Park Place, Suite 600
Dublin CA 94568
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 2018-05-15 579 $36.68 208,008 No 5 A Direct
Common Stock Acquisiton 2018-05-15 2,176 $0.00 210,184 No 4 M Direct
Common Stock Acquisiton 2018-05-15 8,617 $0.00 218,801 No 4 M Direct
Common Stock Acquisiton 2018-05-15 3,570 $0.00 222,371 No 4 M Direct
Common Stock Disposition 2018-05-15 8,425 $52.63 213,946 No 4 F Direct
Common Stock Disposition 2018-05-16 350 $0.00 1,192,212 No 5 G Indirect By Trust
Common Stock Acquisiton 2018-05-17 3,645 $1.45 217,591 No 4 M Direct
Common Stock Disposition 2018-05-17 10,885 $52.51 206,706 No 4 S Direct
Common Stock Disposition 2018-05-17 5,832 $52.51 1,186,380 No 4 S Indirect By Trust
Common Stock Disposition 2018-05-17 8,332 $52.51 30,748 No 4 S Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 A Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 F Direct
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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2018-05-15 2,176 $0.00 2,176 $0.00
Common Stock Restricted Stock Units Disposition 2018-05-15 8,617 $0.00 8,617 $0.00
Common Stock Restricted Stock Units Disposition 2018-05-15 3,570 $0.00 3,570 $0.00
Common Stock Employee Stock Option (right to buy) Disposition 2018-05-17 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
6,528 No 4 M Direct
51,701 No 4 M Direct
39,275 No 4 M Direct
27,709 2023-03-13 No 4 M Direct
Footnotes
  1. 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).
  2. Restricted Stock Units convert into common stock on a one-for-one basis.
  3. These shares represent shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the Restricted Stock Units and Restricted Stock Awards.
  4. 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.
  5. The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
  6. 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.
  7. On March 5, 2015, the Reporting Person was granted 34,816 Restricted Stock Units, subject to a 4-year vesting schedule: one-sixteenth 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.
  8. On January 4, 2016, the Reporting Person was granted 137,868 Restricted Stock Units, subject to a 4-year vesting schedule: one-sixteenth 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 March 24, 2017, the Reporting Person was granted 57,126 Restricted Stock Units, subject to a 4-year vesting schedule: one-sixteenth 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. 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.