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TRINET GROUP, INC. — Director's Dealing 2015
Mar 9, 2015
31268_dirs_2015-03-09_519302ba-3c68-4650-aeaf-c79bafd3a1c5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TRINET GROUP INC (TNET)
CIK: 0000937098
Period of Report: 2015-03-05
Reporting Person: PORTER WILLIAM (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-05 | Common Stock | S | 2000 | $33.16 | Disposed | 328000 | Indirect |
| 2015-03-05 | Common Stock | S | 2000 | $33.16 | Disposed | 326000 | Indirect |
| 2015-03-05 | Common Stock | S | 2000 | $33.16 | Disposed | 324000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-05 | Employee Stock Option (right to buy) | $33.51 | A | 27053 | Acquired | 2025-03-05 | Common Stock (27053) | Direct |
| 2015-03-05 | Restricted Stock Units | $ | A | 10943 | Acquired | Common Stock (10943) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 8, 2014.
F2: The Reporting Person is a trustee of shares held by trusts for Reporting Person's three sons.
F3: Option is subject to a 4-year vesting schedule, with 1/16 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.
F4: Each Restricted Stock Unit represents a contingent right to receive one share of TNET common stock.
F5: Restricted Stock Unit is subject to a 4-year vesting schedule, 1/16 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 Unit is also subject to accelerated vesting upon certain events.