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TRINET GROUP, INC. Director's Dealing 2020

Feb 8, 2020

31268_dirs_2020-02-07_fb24b4ae-2db6-4456-8383-fa96f738c5ae.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: 2020-02-05

Reporting Person: BINGHAM H RAYMOND (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-05 Common Stock S 625 $59.3467 Disposed 130272 Indirect
2020-02-06 Common Stock M 4318 Acquired 4318 Direct
2020-02-06 Common Stock G 4318 Disposed 0 Direct
2020-02-06 Common Stock G 4318 Acquired 134590 Indirect
2020-02-06 Common Stock S 585 $58.2347 Disposed 134005 Indirect
2020-02-06 Common Stock S 40 $58.89 Disposed 133965 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: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.88 to $59.73, 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: Reporting Person is the Trustee and has voting and investment power over the shares held by the H. Raymond Bingham Living Trust.

F4: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.89 to $58.76, 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 restricted stock units vested 100% on February 6, 2020.