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TRINET GROUP, INC. Director's Dealing 2021

Feb 18, 2021

31268_dirs_2021-02-17_a9545a59-daef-4ba4-96d9-1035aabb28c5.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: 2021-02-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-15 Common Stock F 1245 $84.45 Disposed 84828 Direct
2021-02-15 Common Stock F 909 $84.45 Disposed 83919 Direct
2021-02-15 Common Stock F 701 $84.45 Disposed 83218 Direct
2021-02-15 Common Stock F 1574 $84.45 Disposed 81644 Direct
2021-02-16 Common Stock S 7726 $80.991 Disposed 522860 Indirect
2021-02-16 Common Stock S 3400 $81.8791 Disposed 519460 Indirect
2021-02-16 Common Stock S 540 $82.7763 Disposed 518920 Indirect
2021-02-17 Common Stock S 1173 $75.8867 Disposed 80471 Direct
2021-02-17 Common Stock S 4716 $78.1811 Disposed 75755 Direct
2021-02-17 Common Stock S 1747 $79.3338 Disposed 74008 Direct

Footnotes

F1: 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.

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 award granted on March 8, 2018.

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 unit award granted on March 18, 2019.

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 February 28, 2020.

F5: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F6: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.51 to $81.50, 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: 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.

F8: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.52 to $82.36, 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 $82.62 to $82.92, 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 $75.52 to $76.04, 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.

F11: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.775 to $78.75, 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.

F12: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.81 to $79.79, 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.