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TRINET GROUP, INC. Director's Dealing 2023

Mar 29, 2023

31268_dirs_2023-03-28_dc05d220-c2d6-458f-b160-7890d9af2088.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: 2023-03-24

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-03-24 Common Stock M 6250 $10.98 Acquired 193649 Direct
2023-03-24 Common Stock S 5411 $75.6593 Disposed 188238 Direct
2023-03-24 Common Stock S 839 $76.2095 Disposed 187399 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-03-24 Employee Stock Option (right to buy) $10.98 M 6250 Disposed 2024-02-11 Common Stock (6250.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 404650 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 October 28, 2021 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 October 28, 2021 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 $75.07 to $76.06, 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 $76.08 to $76.38, 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 25% vesting upon the 12-month anniversary of February 1, 2014, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.