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TRINET GROUP, INC. — Director's Dealing 2018
Nov 20, 2018
31268_dirs_2018-11-19_5b24b0f7-c3ab-46e2-aa38-4020a08ec5cb.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: Murphy Michael P (PRINCIPAL ACCOUNTING OFFICER)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-15 | Common Stock | A | 258 | $38.21 | Acquired | 22856 | Direct |
| 2018-11-15 | Common Stock | M | 5000 | — | Acquired | 27856 | Direct |
| 2018-11-15 | Common Stock | M | 278 | — | Acquired | 28134 | Direct |
| 2018-11-15 | Common Stock | F | 2715 | $44.44 | Disposed | 25419 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-15 | Restricted Stock Units | $ | M | 5000 | Disposed | Common Stock (5000.0) | Direct | |
| 2018-11-15 | Restricted Stock Units | $ | M | 278 | Disposed | Common Stock (278.0) | Direct |
Footnotes
F1: These shares were acquired under the TriNet Group, Inc 2014 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
F2: Restricted Stock Units convert into common stock on a one-for-one basis.
F3: These shares represent shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the Restricted Stock Units.
F4: On August 7, 2016, 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.
F5: On March 24, 2017, the Reporting Person was granted 4,450 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.