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TRINET GROUP, INC. — Director's Dealing 2017
Aug 17, 2017
31268_dirs_2017-08-17_b44d7fd4-60a7-43b0-a83d-25029f2deec0.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: Mickelsen Brady (SVP, CLO & SECRETARY)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-15 | Common Stock | M | 5000 | — | Acquired | 43448 | Direct |
| 2017-08-15 | Common Stock | M | 4924 | — | Acquired | 48372 | Direct |
| 2017-08-15 | Common Stock | M | 824 | — | Acquired | 49196 | Direct |
| 2017-08-15 | Common Stock | F | 5610 | $38.25 | Disposed | 43586 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-15 | Restricted Stock Units | $ | M | 5000 | Disposed | Common Stock (5000.0) | Direct | |
| 2017-08-15 | Restricted Stock Units | $ | M | 4924 | Disposed | Common Stock (4924.0) | Direct | |
| 2017-08-15 | Restricted Stock Units | $ | M | 824 | Disposed | Common Stock (824.0) | 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: On August 21, 2015, the Reporting Person was granted 80,000 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 Units are also subject to accelerated vesting upon certain events.
F4: On January 4, 2016, the Reporting Person was granted 78,782 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.
F5: On March 24, 2017, the Reporting Person was granted 13,191 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.