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TRINET GROUP, INC. — Director's Dealing 2017
May 12, 2017
31268_dirs_2017-05-12_46f4a8ca-ce15-48a3-8426-8aa9b06cefcf.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: TRINET GROUP INC (TNET)
CIK: 0000937098
Period of Report: 2017-05-03
Reporting Person: Murphy Michael P (PRINCIPAL ACCOUNTING OFFICER)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (80000.0) | Direct | ||
| Restricted Stock Units | $ | Common Stock (4450.0) | Direct |
Footnotes
F1: On August 7, 2016, the Reporting Person was granted 80,000 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 Units are also subject to accelerated vesting upon certain events.
F2: Each Restricted Stock Unit represents a contingent right to receive one share of TNET common stock.
F3: On March 24, 2017, the Reporting Person was granted 4,450 Restricted Stock Units, subject to a 4-year vesting schedule. 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 Units are also subject to accelerated vesting upon certain events.