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TRINET GROUP, INC. Director's Dealing 2018

Aug 18, 2018

31268_dirs_2018-08-17_cea0b68d-e0ea-4898-9f63-9e39932dee7d.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: Mickelsen Brady (SVP, CLO & SECRETARY)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-08-15 Common Stock M 5000 Acquired 61583 Direct
2018-08-15 Common Stock M 4924 Acquired 66507 Direct
2018-08-15 Common Stock M 824 Acquired 67331 Direct
2018-08-15 Common Stock F 5575 $57.95 Disposed 61756 Direct
2018-08-17 Common Stock S 3800 $56.8668 Disposed 57956 Direct
2018-08-17 Common Stock S 1202 $57.5032 Disposed 56754 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-08-15 Restricted Stock Units $ M 5000 Disposed Common Stock (5000.0) Direct
2018-08-15 Restricted Stock Units $ M 4924 Disposed Common Stock (4924.0) Direct
2018-08-15 Restricted Stock Units $ M 824 Disposed Common Stock (824.0) Direct

Footnotes

F1: Restricted Stock Units convert into 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 reported herein.

F3: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.410 to $57.360, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.450 to $57.570, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F6: On August 21, 2015, 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.

F7: On January 4, 2016, the Reporting Person was granted 78,782 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 13,191 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.