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TRINET GROUP, INC. — Director's Dealing 2016
Nov 16, 2016
31268_dirs_2016-11-16_8f5db51b-4dea-4e9f-9141-a70e0d9e085d.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: 2016-11-15
Reporting Person: Turner John W (SR. VP of SALES)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-15 | Common Stock | A | 347 | $16.16 | Acquired | 4514 | Direct |
| 2016-11-15 | Common Stock | M | 622 | — | Acquired | 5136 | Direct |
| 2016-11-15 | Common Stock | M | 3118 | — | Acquired | 8254 | Direct |
| 2016-11-15 | Common Stock | F | 1952 | $22.56 | Disposed | 6302 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-15 | Restricted Stock Units | $ | M | 622 | Disposed | Common Stock (622.0) | Direct | |
| 2016-11-15 | Restricted Stock Units | $ | M | 3118 | Disposed | Common Stock (3118.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 109084 | Indirect |
Footnotes
F1: These shares were acquired under the TriNet Group, Inc 2014 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
F2: Restricted Stock Units convert into common stock on a one-for-one basis.
F3: These shares represent shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the Restricted Stock Units reported herein.
F4: Reporting Person is a Trustee and shares voting and investment power over the shares held by The Turner 2000 Revocable Trust.
F5: On March 5, 2015, the Reporting Person was granted 9,948 Restricted Stock Units, 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 Units are also subject to accelerated vesting upon certain events.
F6: On January 4, 2016, the Reporting Person was granted 49,895 Restricted Stock Units, 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 Units are also subject to accelerated vesting upon certain events.