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TRINET GROUP, INC. — Director's Dealing 2017
May 17, 2017
31268_dirs_2017-05-17_43093e07-58f0-4c6b-9f33-75ff4d4cd8d9.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: 2017-05-15
Reporting Person: Griese Edward (SR. VP, INSURANCE SERVICES)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-15 | Common Stock | A | 1000 | $19.69 | Acquired | 2000 | Direct |
| 2017-05-15 | Common Stock | M | 6250 | — | Acquired | 8250 | Direct |
| 2017-05-15 | Common Stock | M | 439 | — | Acquired | 8689 | Direct |
| 2017-05-15 | Common Stock | F | 2260 | $30.83 | Disposed | 6429 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-15 | Restricted Stock Units | $ | M | 6250 | Disposed | Common Stock (6250.0) | Direct | |
| 2017-05-15 | Restricted Stock Units | $ | M | 439 | Disposed | Common Stock (439.0) | Direct |
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: On March 10, 2016, Reporting Person was granted 100,000 Restricted Stock Units, subject to a 4-year vesting schedule. 1/4th of the total number of shares vesting on the first anniversary of the Grant Date, and thereafter 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. The Restricted Stock Unit is also subject to accelerated vesting upon certain event.
F5: On March 24, 2017, Reporting Person was granted 7,035 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.