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TRINET GROUP, INC. Director's Dealing 2020

Feb 11, 2020

31268_dirs_2020-02-10_21cc571a-1438-43da-8405-52a18caf2d21.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: 2020-02-06

Reporting Person: Babinec Martin (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-06 Common Stock M 4318 Acquired 4318 Direct
2020-02-06 Common Stock S 3414 $58.8409 Disposed 2917782 Indirect
2020-02-06 Common Stock S 904 $59.438 Disposed 2916878 Indirect
2020-02-10 Common Stock S 16136 $55.8061 Disposed 2900742 Indirect
2020-02-10 Common Stock S 3364 $56.3499 Disposed 2897378 Indirect
2020-02-10 Common Stock S 4000 $55.8179 Disposed 607869 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-02-06 Restricted Stock Units $ M 4318 Disposed Common Stock (4318.0) Direct

Footnotes

F1: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F2: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.26 to $59.22, 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.

F4: Shares are held directly by Martin and Krista Babinec, Trustees of The Babinec Family Trust. Reporting Person is a Trustee and has sole voting and investment power over the shares held by The Babinec Family Trust.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.40 to $59.52, 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.

F6: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.22 to $56.21, 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.

F7: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.24 to $56.515, 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 $55.44 to $56.42, 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: Shares are held directly by Babinec 2008 Children's Trust. Reporting Person is a Trustee and shares voting and investment power over the shares held by Babinec 2008 Children's Trust.

F10: The restricted stock units vested 100% on February 6, 2020.