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TRINET GROUP, INC. — Director's Dealing 2018
Aug 18, 2018
31268_dirs_2018-08-17_f7f8d2a5-24db-4078-b5d3-05072b587ad3.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: Griese Edward (SR. VP, INSURANCE SERVICES)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-15 | Common Stock | M | 6250 | — | Acquired | 31046 | Direct |
| 2018-08-15 | Common Stock | M | 440 | — | Acquired | 31486 | Direct |
| 2018-08-15 | Common Stock | F | 2590 | $57.95 | Disposed | 28896 | Direct |
| 2018-08-17 | Common Stock | S | 3830 | $56.87 | Disposed | 25066 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-15 | Restricted Stock Units | $ | M | 6250 | Disposed | Common Stock (6250.0) | Direct | |
| 2018-08-15 | Restricted Stock Units | $ | M | 440 | Disposed | Common Stock (440.0) | Direct |
Footnotes
F1: Restricted Stock Units convert to common stock on a one-for-one basis.
F2: These shares represent the 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: On March 10, 2016, the Reporting Person was granted 100,000 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 Unit is also subject to accelerated vesting upon certain event.
F5: On March 24, 2017, the Reporting Person was granted 7,035 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.