Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

TRINET GROUP, INC. Director's Dealing 2017

Mar 6, 2017

31268_dirs_2017-03-06_dfe724f7-193f-4cf5-b020-dfce1818ad96.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRINET GROUP INC (TNET)
CIK: 0000937098
Period of Report: 2017-03-02

Reporting Person: Babinec Martin (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-03-02 Common Stock M 14663 Acquired 14663 Direct
2017-03-02 Common Stock S 14663 $28.6951 Disposed 0 Direct
2017-03-02 Common Stock S 15000 $28.6965 Disposed 4202036 Indirect
2017-03-03 Common Stock G 20000 Disposed 4182036 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-03-02 Restricted Stock Units $ M 14663 Disposed Common Stock (14663.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 855724 Indirect

Footnotes

F1: Restricted Stock Units convert into common stock on a one-for-one basis.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.47 to $29.02, 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.

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.47 to $29.00, 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.

F4: Shares are held directly by Martin and Krista Babinec, Trustees of The Babinec Family Trust. Reporting Person is a Trustee and has sole voting and investment power over the shares held by The Babinec Family Trust.

F5: Shares are held directly by Babinec 2008 Children's Trust. Reporting Person is a Trustee and shares voting and investment power over the shares held by Babinec 2008 Children's Trust.

F6: The Restricted Stock Units vested 100% on February 5, 2017 and settled on March 2, 2017. The Restricted Stock Units are also subject to accelerated vesting upon certain events.