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Filing Details

Accession Number:: 0000937098-23-000196
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-09-28 18:18:56
Reporting Period:: 2023-09-26

Accepted Time:: 2023-09-28 18:18:56
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2023-09-26	4,724	$33.51	175,427	No	4	M	Direct
Common Stock	Disposition	2023-09-26	3,287	$113.42	172,140	No	4	S	Direct
Common Stock	Disposition	2023-09-26	1,006	$114.45	171,134	No	4	S	Direct
Common Stock	Disposition	2023-09-26	431	$115.15	170,703	No	4	S	Direct
Common Stock	Acquisiton	2023-09-27	2,918	$33.51	173,621	No	4	M	Direct
Common Stock	Disposition	2023-09-27	610	$115.21	173,011	No	4	S	Direct
Common Stock	Disposition	2023-09-27	1,309	$116.05	171,702	No	4	S	Direct
Common Stock	Disposition	2023-09-27	999	$117.16	170,703	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2023-09-26	4,724	$0.00	4,724	$33.51
Common Stock	Employee Stock Option (right to buy)	Disposition	2023-09-27	2,918	$0.00	2,918	$33.51

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
16,996		2025-03-05	No	4	M	Direct
14,078		2025-03-05	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	369,744	Indirect	By Trust

Footnotes

The exercise reported on this Form 4 was effected pursuant to a 10b5-1 trading plan established by the Reporting Person on November 17, 2022 prior to the adoption of final amendments to Rule 10b5-1 on December 14, 2022.
The total securities beneficially owned includes shares of unvested restricted stock units. It excludes unvested performance-based restricted stock units which will be reported when earned upon achievement of certainperformance criteria.
The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan established by the Reporting Person on November 17, 2022 prior to the adoption of final amendments to Rule 10b5-1 on December 14, 2022.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.98 to $113.97, 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.98 to $114.92, 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.01 to $115.63, 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.56 to $115.52, 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.57 to $116.5550 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.6650 to $117.54, 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.
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.
Option is subject to a 4-year vesting schedule, with 1/16th of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date on March 5, 2015. The Option is also subject to accelerated vesting upon certain events.