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TRINET GROUP, INC. Director's Dealing 2018

Aug 18, 2018

31268_dirs_2018-08-17_84985655-fb89-4b2b-a181-1006baaee1bb.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: 2018-08-15

Reporting Person: Goldfield Burton M. (Director, PRESIDENT, CEO and DIRECTOR)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-08-09 Common Stock G 53976 Disposed 1111556 Indirect
2018-08-15 Common Stock M 2176 Acquired 207559 Direct
2018-08-15 Common Stock M 8617 Acquired 216176 Direct
2018-08-15 Common Stock M 3571 Acquired 219747 Direct
2018-08-15 Common Stock F 8425 $57.95 Disposed 211322 Direct
2018-08-17 Common Stock M 7500 $1.4475 Acquired 218822 Direct
2018-08-17 Common Stock S 16065 $56.87 Disposed 202757 Direct
2018-08-17 Common Stock S 7500 $56.87 Disposed 1104056 Indirect
2018-08-17 Common Stock S 2563 $56.87 Disposed 14711 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-08-15 Restricted Stock Units $ M 2176 Disposed Common Stock (2176.0) Direct
2018-08-15 Restricted Stock Units $ M 8617 Disposed Common Stock (8617.0) Direct
2018-08-15 Restricted Stock Units $ M 3571 Disposed Common Stock (3571.0) Direct
2018-08-17 Employee Stock Option (right to buy) $1.4475 M 7500 Disposed 2023-03-13 Common Stock (7500.0) Direct

Footnotes

F1: Represents shares gifted to a 501(c)(3) exempt charitable foundation.

F2: 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.

F3: Restricted Stock Units convert into common stock on a one-for-one basis.

F4: These shares represent the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the Restricted Stock Awards reported herein.

F5: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F6: 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.

F7: 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.

F8: 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.

F9: 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.

F10: Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 1, 2013, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.