Filing Details

Accession Number:
0000950142-14-001903
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-09-17 19:43:12
Reporting Period:
2014-09-17
Filing Date:
2014-09-17
Accepted Time:
2014-09-17 19:43:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
937098 Trinet Group Inc TNET Services-Business Services, Nec (7389) 943081033
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1193346 C David Hodgson C/O General Atlantic Service Company Llc
55 East 52Nd Street, 32Nd Floor
New York NY 10055
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-09-17 13,031,408 $24.42 20,789,542 No 5 S Indirect By GA TriNet, LLC
Common Stock Disposition 2014-09-17 768,592 $24.42 1,226,166 No 5 S Indirect By HR Acquisitions, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 S Indirect By GA TriNet, LLC
No 5 S Indirect By HR Acquisitions, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 285,588 Direct
Footnotes
  1. The reporting person is a Managing Director of General Atlantic LLC, a Delaware limited liability company ("GA LLC"). GA LLC is the general partner of General Atlantic GenPar, L.P., a Delaware limited partnership ("GA GenPar"), the general partner of General Atlantic Partners 79, L.P., a Delaware limited partnership ("GAP 79"), the general partner of GAP Coinvestments CDA, L.P., a Delaware limited partnership ("CDA"), and the managing member of each of GAP Coinvestments III, LLC, a Delaware limited liability company ("GAPCO III"), and GAP Coinvestments IV, LLC, a Delaware limited liability company ("GAPCO IV"). GA GenPar is the general partner of General Atlantic Partners 84, L.P., a Delaware limited partnership ("GAP 84") and the manager of GAP-W, LLC, a Delaware limited liability company ("GAP-W"). GAPCO Management GmbH, a German corporation ("Management GmbH"), is the general partner of GAPCO GmbH & Co. KG, a German limited partnership ("KG"). (cont'd in footnote 2)
  2. (cont'd from footnote 1) The Managing Directors of GA LLC (the "GA Managing Directors") control the voting and investment decisions made by KG and Management GmbH. Certain GA Managing Directors are the members of GapStar, LLC, a Delaware limited liability company ("GapStar"). Each of GAP 79, GAP 84, GAP-W, GapStar, CDA, GAPCO III, GAPCO IV and KG is a member of GA TriNet, LLC. Each of GAP 84, GAP-W, GapStar, CDA, GAPCO III, GAPCO IV and KG is a member of HR Acquisitions, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  3. GA TriNet directly holds 20,789,542 shares of common stock, par value $0.000025 of TriNet Group, Inc. ("Common Shares"). With respect to all of the Common Shares held by GA TriNet, GAP 79 is a member of GA TriNet and indirectly owns 8,753,162 Common Shares; GAP 84 is a member of GA TriNet and indirectly owns 6,515,404 Common Shares; GAP-W is a member of GA TriNet and indirectly owns 3,998,434 Common Shares; GapStar is a member of GA TriNet and indirectly owns 233,866 Common Shares; KG is a member of GA TriNet and indirectly owns 32,962 Common Shares; CDA is a member of GA TriNet and indirectly owns 15,581 Common Shares; GAPCO III is a member of GA TriNet and indirectly owns 990,831 Common Shares; GAPCO IV is a member of GA TriNet and indirectly owns 249,301 Common Shares.
  4. Reflects the sale on September 17, 2014, of 13,031,408 Common Shares held by GA TriNet and 768,592 held by HR Acquisitions, each pursuant to that certain Underwriting Agreement, dated September 11, 2014, by and among TriNet Group Inc., the Selling Stockholders named therein, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc., as representatives of the several Underwriters listed therein.
  5. HR Acquisitions directly holds 1,226,166 Common Shares. With respect to all of the Common Shares held by HR Acquisitions, GAP 84 is a member of HR Acquisitions and indirectly owns 928,412 Common Shares; GAP-W is a member of HR Acquisitions and indirectly owns 231,872 Common Shares; GapStar is a member of HR Acquisitions and indirectly owns 3,065 Common Shares; KG is a member of HR Acquisitions and indirectly owns 2,207 Common Shares; CDA is a member of HR Acquisitions and indirectly owns 1,992 Common Shares; GAPCO III is a member of HR Acquisitions and indirectly owns 47,030 Common Shares; and GAPCO IV is a member of HR Acquisitions and indirectly owns 11,588 Common Shares.