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TRINET GROUP, INC. Director's Dealing 2023

Aug 16, 2023

31268_dirs_2023-08-15_346faf41-ee3f-4040-8ec3-ce4b1a708e50.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: 2023-08-11

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-08-11 Common Stock M 1429 $33.51 Acquired 177668 Direct
2023-08-11 Common Stock S 1429 $106.1054 Disposed 176239 Direct
2023-08-14 Common Stock M 2525 $33.51 Acquired 178764 Direct
2023-08-14 Common Stock S 2525 $106.4242 Disposed 176239 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-08-11 Employee Stock Option (right to buy) $33.51 M 1429 Disposed 2025-03-05 Common Stock (1429) Direct
2023-08-14 Employee Stock Option (right to buy) $33.51 M 2525 Disposed 2025-03-05 Common Stock (2525) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 410274 Indirect

Footnotes

F1: The exercise reported on this Form 4 was effected pursuant to a 10b5-1 trading plan established by the Reporting Person on November 17, 2022 prior to the adoption of final amendments to Rule 10b5-1 on December 14, 2022.

F2: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan established by the Reporting Person on November 17, 2022 prior to the adoption of final amendments to Rule 10b5-1 on December 14, 2022.

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.04 to $106.29, 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: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.00 to $106.53, 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.

F5: 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.

F6: Option is subject to a 4-year vesting schedule, with 1/16th of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date on March 5, 2015. The Option is also subject to accelerated vesting upon certain events.