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TRINET GROUP, INC. — Director's Dealing 2017
Feb 7, 2017
31268_dirs_2017-02-07_af835fa7-7b8d-439b-a942-63fc7f3e4d9d.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: 2017-02-05
Reporting Person: BINGHAM H RAYMOND (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-05 | Common Stock | M | 21995 | — | Acquired | 21995 | Direct |
| 2017-02-05 | Common Stock | G | 10997 | — | Disposed | 10998 | Direct |
| 2017-02-05 | Common Stock | G | 10997 | — | Acquired | 305956 | Indirect |
| 2017-02-06 | Common Stock | S | 10998 | $24.8119 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-05 | Restricted Stock Units | $ | M | 21995 | Disposed | Common Stock (21995.0) | Direct |
Footnotes
F1: Restricted Stock Units convert into common stock on a one-for-one basis.
F2: Reporting Person is a Trustee and shares voting and investment power over the shares held by the Raymond and Kristin Bingham Revocable Trust, H. Raymond Bingham and Kristin B. Bingham Trustees, u/a/d September 16, 2004, amended July 20, 2009.
F3: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.63 to $25.02, 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.
F5: The Restricted Stock Units vested 100% on February 5, 2017. The Restricted Stock Units are also subject to accelerated vesting upon certain events.