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TRINET GROUP, INC. — Director's Dealing 2018
Nov 20, 2018
31268_dirs_2018-11-19_840a25ee-c6df-4f03-9232-e175f293d0b4.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: 2018-11-15
Reporting Person: Goldfield Burton M. (Director, PRESIDENT, CEO and DIRECTOR)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-15 | Common Stock | M | 2176 | — | Acquired | 204933 | Direct |
| 2018-11-15 | Common Stock | M | 8617 | — | Acquired | 213550 | Direct |
| 2018-11-15 | Common Stock | M | 3570 | — | Acquired | 217120 | Direct |
| 2018-11-15 | Common Stock | F | 8425 | $44.44 | Disposed | 208695 | Direct |
| 2018-11-19 | Common Stock | M | 5625 | $10.98 | Acquired | 214320 | Direct |
| 2018-11-19 | Common Stock | S | 14188 | $44.22 | Disposed | 200132 | Direct |
| 2018-11-19 | Common Stock | S | 5625 | $44.22 | Disposed | 1083431 | Indirect |
| 2018-11-19 | Common Stock | S | 1921 | $44.22 | Disposed | 7664 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-15 | Restricted Stock Units | $ | M | 2176 | Disposed | Common Stock (2176.0) | Direct | |
| 2018-11-15 | Restricted Stock Units | $ | M | 8617 | Disposed | Common Stock (8617.0) | Direct | |
| 2018-11-15 | Restricted Stock Units | $ | M | 3570 | Disposed | Common Stock (3570.0) | Direct | |
| 2018-11-19 | Employee Stock Option (right to buy) | $10.98 | M | 5625 | Disposed | 2024-02-11 | Common Stock (5625.0) | 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 and Restricted Stock Awards.
F3: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
F4: Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. and Maud Carol Goldfield, Trustees, Burton M. Goldfield and Maud Carol Goldfield Trust, u/a/d 12/6/00.
F5: Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. Goldfield and Maud Carol Goldfield, Trustees of the Alec Thunder Goldfield 2011 Irrevocable Trust.
F6: On March 5, 2015, the Reporting Person was granted 34,816 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.
F7: On January 4, 2016, the Reporting Person was granted 137,868 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.
F8: On March 24, 2017, the Reporting Person was granted 57,126 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.
F9: Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 1, 2014, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.