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TRINET GROUP, INC. — Director's Dealing 2016
Jul 15, 2016
31268_dirs_2016-07-15_efa90b8a-7b7f-4d38-b1b0-b1e9ba6d4071.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: 2016-07-14
Reporting Person: Goldfield Burton M. (Director, PRESIDENT, CEO and DIRECTOR)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-14 | Common Stock | M | 25000 | $1.4475 | Acquired | 107050 | Direct |
| 2016-07-14 | Common Stock | S | 25000 | $22.50 | Disposed | 82050 | Direct |
| 2016-06-10 | Common Stock | G | 125 | — | Disposed | 1311460 | Indirect |
| 2016-07-14 | Common Stock | S | 25000 | $22.50 | Disposed | 1286460 | Indirect |
| 2016-07-14 | Common Stock | S | 5000 | $22.50 | Disposed | 145000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-14 | Employee Stock Option (right to buy) | $1.4475 | M | 25000 | Disposed | 2023-03-13 | Common Stock (25000.0) | Direct |
Footnotes
F1: Sales made pursuant to a Rule 10b5-1 plan previously established.
F2: 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.
F3: 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.
F4: Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 1, 2013, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.