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 2018

Nov 20, 2018

31268_dirs_2018-11-19_840a25ee-c6df-4f03-9232-e175f293d0b4.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: 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.