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TRINET GROUP, INC. — Director's Dealing 2019
Feb 26, 2019
31268_dirs_2019-02-25_413ae40e-b860-48d7-8861-839b2111b1f8.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: 2019-02-22
Reporting Person: GOLDMAN KENNETH A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-22 | Common Stock | M | 20000 | $10.98 | Acquired | 20000 | Direct |
| 2019-02-22 | Common Stock | S | 20000 | $62.1717 | Disposed | 0 | Direct |
| 2019-02-22 | Common Stock | S | 10000 | $62.2969 | Disposed | 87763 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-22 | Stock Option (Right to Buy) | $10.98 | M | 20000 | Disposed | 2024-02-11 | Common Stock (20000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 32670 | Indirect |
| Common Stock | 32670 | Indirect |
Footnotes
F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.120 to $62.305, 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 $62.23 to $62.43, 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: The reporting person is a Co-Trustee of the Goldman-Valeriote Family Trust dtd 11/15/95 and shares voting and dispositive power over the shares held by the trust.
F4: Option is subject to a 1-year vesting schedule, with 100% vesting upon the 12-month anniversary of February 11, 2014. The Option is also subject to accelerated vesting upon certain events.