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TRINET GROUP, INC. — Director's Dealing 2018
Mar 13, 2018
31268_dirs_2018-03-12_a8e426c5-70d2-4c74-bc05-d6a13adf2323.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: 2018-03-08
Reporting Person: Murphy Michael P (PRINCIPAL ACCOUNTING OFFICER)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-08 | Common Stock | A | 3151 | — | Acquired | 20103 | Direct |
| 2018-03-08 | Common Stock | A | 8900 | — | Acquired | 29003 | Direct |
Footnotes
F1: Represents a grant of a restricted stock unit award. The restricted stock unit award is 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 unit award is also subject to accelerated vesting upon certain events.
F2: Represents the portion of a performance-based restricted stock unit (the "PRSUs") award made on March 24, 2017 that was determined to be earned based on performance for the period ending December 31, 2017. The PRSUs will vest as follows: 50% on December 31, 2018 and 50% on December 31, 2019, subject to continued service through each such date and are subject to accelerated vesting upon certain events. Each PRSU represents a contingent right to receive one share of TNET common stock upon vesting.