Filing Details

Accession Number:
0000937098-18-000159
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-22 19:40:33
Reporting Period:
2018-08-20
Accepted Time:
2018-08-22 19:40:33
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
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 2018-08-20 2,625 $17.71 59,379 No 4 M Direct
Common Stock Disposition 2018-08-20 825 $57.25 58,554 No 4 S Direct
Common Stock Disposition 2018-08-20 1,800 $58.20 56,754 No 4 S Direct
Common Stock Disposition 2018-08-20 3,851 $57.46 52,903 No 4 S Direct
Common Stock Disposition 2018-08-20 7,440 $58.09 45,463 No 4 S Direct
Common Stock Disposition 2018-08-22 3,073 $0.00 42,390 No 5 G Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 5 G 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 2018-08-20 2,625 $0.00 2,625 $17.71
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,375 2025-08-21 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 $56.770 to $57.380, 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.000 to $58.300, 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.
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.770 to $57.760, 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 $57.770 to $58.580, 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. Option is 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 Option is also subject to accelerated vesting upon certain events.