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TRINET GROUP, INC. — Director's Dealing 2017
Jul 19, 2017
31268_dirs_2017-07-19_60b1fb14-b41c-43df-bab5-d43a670b7a77.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: 2017-07-17
Reporting Person: BECKERT RICHARD J (SVP, CHIEF FINANCIAL OFFICER)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-17 | Restricted Stock Units | $ | A | 45441 | Acquired | Common Stock (45441.0) | Direct |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one share of TNET common stock.
F2: Restricted Stock Units are 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.
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