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TRINET GROUP, INC. Director's Dealing 2017

Aug 17, 2017

31268_dirs_2017-08-17_7d5ffc4a-2766-4613-bf0f-46c5f26e6d5a.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: 2017-08-15

Reporting Person: Griese Edward (SR. VP, INSURANCE SERVICES)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-08-15 Common Stock M 6250 Acquired 8504 Direct
2017-08-15 Common Stock M 440 Acquired 8944 Direct
2017-08-15 Common Stock F 2807 $38.25 Disposed 6137 Direct
2017-08-17 Common Stock S 200 $32.55 Disposed 5937 Direct
2017-08-17 Common Stock S 2994 $35.5584 Disposed 2943 Direct
2017-08-17 Common Stock S 300 $36.32 Disposed 2643 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-08-15 Restricted Stock Units $ M 6250 Disposed Common Stock (6250.0) Direct
2017-08-15 Restricted Stock Units $ M 440 Disposed Common Stock (440.0) Direct

Footnotes

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

F2: These shares represent shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the Restricted Stock Units reported herein.

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 $35.15 to $35.95, 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.26 to $36.41, 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: On March 10, 2016, the Reporting Person was granted 100,000 Restricted Stock Units, subject to a 4-year vesting schedule: one-fourth of the total number of shares vesting on the first anniversary of the grant date, and thereafter one-sixteenth 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 Unit is also subject to accelerated vesting upon certain event.

F7: On March 24, 2017, the Reporting Person was granted 7,035 Restricted Stock Units, subject to a 4-year vesting schedule: one-sixteenth 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.