Filing Details

Accession Number:
0000937098-18-000154
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-17 21:23:39
Reporting Period:
2018-08-15
Accepted Time:
2018-08-17 21:23:39
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
1645258 Brady Mickelsen Trinet Group, Inc.
One Park Place, Suite 600
Dublin CA 94568
Svp, Clo & Secretary No 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 2018-08-15 5,000 $0.00 61,583 No 4 M Direct
Common Stock Acquisiton 2018-08-15 4,924 $0.00 66,507 No 4 M Direct
Common Stock Acquisiton 2018-08-15 824 $0.00 67,331 No 4 M Direct
Common Stock Disposition 2018-08-15 5,575 $57.95 61,756 No 4 F Direct
Common Stock Disposition 2018-08-17 3,800 $56.87 57,956 No 4 S Direct
Common Stock Disposition 2018-08-17 1,202 $57.50 56,754 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2018-08-15 5,000 $0.00 5,000 $0.00
Common Stock Restricted Stock Units Disposition 2018-08-15 4,924 $0.00 4,924 $0.00
Common Stock Restricted Stock Units Disposition 2018-08-15 824 $0.00 824 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
20,000 No 4 M Direct
24,620 No 4 M Direct
8,245 No 4 M Direct
Footnotes
  1. Restricted Stock Units convert into common stock on a one-for-one basis.
  2. These shares represent the 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 reported herein.
  3. The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.410 to $57.360, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.450 to $57.570, 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.
  6. On August 21, 2015, the Reporting Person was granted 80,000 Restricted Stock Units, subject to a 4-year vesting schedule: one-fourth of the total number of shares vesting on the first anniversary of the grant date, and thereafter 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.
  7. On January 4, 2016, the Reporting Person was granted 78,782 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 March 24, 2017, the Reporting Person was granted 13,191 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.