Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

TRINET GROUP, INC. Director's Dealing 2016

May 17, 2016

31268_dirs_2016-05-17_7ddacee1-6807-4bff-978f-9fea0efcfd41.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRINET GROUP INC (TNET)
CIK: 0000937098
Period of Report: 2016-05-15

Reporting Person: Goldfield Burton M. (Director, PRESIDENT, CEO and DIRECTOR)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-05-13 Common Stock A 1000 $15.64 Acquired 75314 Direct
2016-05-15 Common Stock M 2176 Acquired 77490 Direct
2016-05-15 Common Stock F 818 $18.75 Disposed 76672 Direct
2016-05-15 Common Stock M 8617 Acquired 85289 Direct
2016-05-15 Common Stock F 3239 $18.75 Disposed 82050 Direct
2016-05-06 Common Stock G 1405 Disposed 1311585 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-05-15 Restricted Stock Units $ M 2176 Disposed Common Stock (2176.0) Direct
2016-05-15 Restricted Stock Units $ M 8617 Disposed Common Stock (8617.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 150000 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: Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. and Maud Carol Goldfield, Trustees, Burton M. Goldfield and Maud Carol Goldfield Trust, u/a/d 12/6/00.

F4: Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. Goldfield and Maud Carol Goldfield, Trustees of the Alec Thunder Goldfield 2011 Irrevocable Trust.

F5: On March 5, 2015, the Reporting Person was granted 34,816 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 Unit is also subject to accelerated vesting upon certain events.

F6: On January 4, 2016, the Reporting Person was granted 137,868 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 Unit is also subject to accelerated vesting upon certain events.