Filing Details

Accession Number:
0000937098-21-000248
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-10-27 18:51:39
Reporting Period:
2021-10-25
Accepted Time:
2021-10-27 18:51:39
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
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 2021-10-25 2,000 $10.98 217,971 No 4 M Direct
Common Stock Disposition 2021-10-25 680 $95.41 217,291 No 4 S Direct
Common Stock Disposition 2021-10-25 1,236 $96.60 216,055 No 4 S Direct
Common Stock Disposition 2021-10-25 84 $97.18 215,971 No 4 S Direct
Common Stock Disposition 2021-10-26 1,247 $98.65 405,691 No 4 S Indirect By Trust
Common Stock Disposition 2021-10-26 1,370 $99.96 404,321 No 4 S Indirect By Trust
Common Stock Disposition 2021-10-26 1,100 $100.90 403,221 No 4 S Indirect By Trust
Common Stock Disposition 2021-10-26 450 $101.62 402,771 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 Direct
No 4 S Direct
No 4 S Indirect By Trust
No 4 S Indirect By Trust
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 2021-10-25 2,000 $0.00 2,000 $10.98
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
109,285 2024-02-11 No 4 M Direct
Footnotes
  1. The exercise reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
  2. The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
  3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.99 to $95.92, 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 $96.02 to $96.99, 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 $97.09 to $97.27, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.12 to $99.00, 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. Shares held directly by the Burton M. Goldfield and Maud Carol Goldfield Trust, u/a/d 12/6/00 (the "Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Trust.
  8. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.33 to $100.305, 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.
  9. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.36 to $101.31, 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.
  10. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.39 to $102.16, 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.
  11. Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 1, 2014, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.