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TRINET GROUP, INC. Director's Dealing 2017

Apr 14, 2017

31268_dirs_2017-04-14_1f39f7ff-8d51-47e9-88ad-87bc83ff5069.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: 2017-04-12

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-04-12 Common Stock M 5337 $0.50 Acquired 14134 Direct
2017-04-12 Common Stock S 2666 $28.1632 Disposed 11468 Direct
2017-04-12 Common Stock S 2671 $28.1579 Disposed 8797 Direct
2017-04-12 Common Stock S 2726 $28.1543 Disposed 1300139 Indirect
2017-04-12 Common Stock S 2636 $28.169 Disposed 1297503 Indirect
2017-04-12 Common Stock S 1900 $28.193 Disposed 128100 Indirect
2017-04-12 Common Stock S 1900 $28.1941 Disposed 126200 Indirect
2017-04-13 Common Stock M 4663 $0.50 Acquired 13460 Direct
2017-04-13 Common Stock S 3202 $27.9016 Disposed 10258 Direct
2017-04-13 Common Stock S 1461 $27.8896 Disposed 8797 Direct
2017-04-13 Common Stock S 3274 $27.9019 Disposed 1294229 Indirect
2017-04-13 Common Stock S 3364 $27.9063 Disposed 1290865 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-04-12 Employee Stock Option (right to buy) $0.5 M 5337 Disposed 2022-03-06 Common Stock (5337.0) Direct
2017-04-13 Employee Stock Option (right to buy) $0.5 M 4663 Disposed 2022-03-06 Common Stock (4663.0) Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.01 to $28.55, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.99 to $28.55, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F4: 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.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.02 to $28.55, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F6: 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.

F7: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.75 to $28.00, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F8: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.77 to $27.99, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F9: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.76 to $28.01, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F10: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.75 to $28.02, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F11: Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 9, 2012, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.