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TRINET GROUP, INC. — Director's Dealing 2018
Mar 5, 2018
31268_dirs_2018-03-05_4d97734f-e998-45d0-9221-72663c85235c.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: 2018-03-01
Reporting Person: Mickelsen Brady (SVP, CLO & SECRETARY)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-01 | Common Stock | M | 18000 | $17.71 | Acquired | 48575 | Direct |
| 2018-03-01 | Common Stock | S | 13853 | $45.674 | Disposed | 34722 | Direct |
| 2018-03-01 | Common Stock | S | 4147 | $46.1389 | Disposed | 30575 | Direct |
| 2018-03-01 | Common Stock | G | 5000 | — | Disposed | 25575 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-01 | Employee Stock Option (right to buy) | $17.71 | M | 18000 | Disposed | 2025-08-21 | Common Stock (18000.0) | Direct |
Footnotes
F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.04 to $46.01, 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.
F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.05 to $46.35, 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.
F3: Option is 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 Option is also subject to accelerated vesting upon certain events.