TRINET GROUP, INC. — Director's Dealing 2020

Nov 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRINET GROUP, INC. (TNET)
CIK: 0000937098
Period of Report: 2020-11-15

Reporting Person: Goldfield Burton M. (Director, PRESIDENT, CEO and DIRECTOR)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-29	Common Stock	G	21428	—	Disposed	565587	Indirect
2020-11-15	Common Stock	F	1771	$75.06	Disposed	136495	Direct
2020-11-15	Common Stock	F	1302	$75.06	Disposed	135193	Direct
2020-11-15	Common Stock	F	1004	$75.06	Disposed	134189	Direct
2020-11-15	Common Stock	F	1906	$75.06	Disposed	132283	Direct
2020-11-16	Common Stock	S	7466	$74.7693	Disposed	558121	Indirect
2020-11-16	Common Stock	S	4201	$75.6654	Disposed	553920	Indirect
2020-11-17	Common Stock	S	3039	$73.6022	Disposed	129244	Direct
2020-11-17	Common Stock	S	3041	$74.6237	Disposed	126203	Direct

Footnotes

F1: Shares held directly by the Burton M. Goldfield and Maud Carol Goldfield Trust, u/a/d 12/6/00 (the "Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Trust.

F2: Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 24, 2017.

F3: Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock award granted on March 8, 2018.

F4: Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 18, 2019.

F5: Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on February 28, 2020.

F6: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F7: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.355 to $75.34, 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.

F8: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.36 to $76.14, 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.

F9: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.155 to $74.105, 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.

F10: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.18 to $74.98, 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.