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TRINET GROUP, INC. — Director's Dealing 2019
Mar 21, 2019
31268_dirs_2019-03-20_96b104f0-cce0-4ab0-9cb5-b38f32ae3bfa.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: 2019-03-18
Reporting Person: Goldfield Burton M. (Director, PRESIDENT, CEO and DIRECTOR)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-18 | Common Stock | A | 32394 | — | Acquired | 336251 | Direct |
| 2019-03-18 | Common Stock | M | 7500 | $10.98 | Acquired | 343751 | Direct |
| 2019-03-18 | Common Stock | S | 7500 | $61.02 | Disposed | 336251 | Direct |
| 2019-03-18 | Common Stock | S | 7500 | $61.02 | Disposed | 1051556 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-18 | Employee Stock Option (right to buy) | $10.98 | M | 7500 | Disposed | 2024-02-11 | Common Stock (7500.0) | 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: The exercise reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
F3: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
F4: 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.
F5: Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 1, 2014, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.