Filing Details

Accession Number:
0001214659-14-007444
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-05 17:19:06
Reporting Period:
2014-11-03
Filing Date:
2014-11-05
Accepted Time:
2014-11-05 17:19:06
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
1596730 L Gregory Hammond Trinet Group, Inc.
1100 San Leandro Blvd., Ste. 400
San Leandro CA 94577
Evp And Chief Legal Officer No No No 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 2014-11-03 26,710 $29.66 350,038 No 4 S Indirect The Gregory Lewis Hammond Living Trust
Common Stock Disposition 2014-11-03 200 $29.90 349,838 No 4 S Indirect The Gregory Lewis Hammond Living Trust
Common Stock Acquisiton 2014-11-03 1,248 $0.50 1,248 No 4 M Direct
Common Stock Disposition 2014-11-03 1,248 $29.66 0 No 4 S Direct
Common Stock Acquisiton 2014-11-03 1,664 $0.50 1,664 No 4 M Direct
Common Stock Disposition 2014-11-03 1,664 $29.66 0 No 4 S Direct
Common Stock Acquisiton 2014-11-03 3,525 $1.45 3,525 No 4 M Direct
Common Stock Disposition 2014-11-03 3,525 $29.66 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect The Gregory Lewis Hammond Living Trust
No 4 S Indirect The Gregory Lewis Hammond Living Trust
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2014-11-03 1,248 $0.00 1,248 $0.50
Common Stock Stock Option (Right to Buy) Disposition 2014-11-03 1,664 $0.00 1,664 $0.50
Common Stock Stock Option (Right to Buy) Disposition 2014-11-03 3,525 $0.00 3,525 $1.45
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,500 2020-08-17 No 4 M Direct
31,672 2022-02-09 No 4 M Direct
29,020 2023-03-13 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 30, 2014.
  2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.90 to $29.88, 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 in footnote (2) to this Form 4.
  3. The reporting person is the trustee of the Gregory Lewis Hammond Living Trust and has sole voting and dispositive power over the shares held by the trust.
  4. Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of August 17, 2010, and 1/48th of the total number of shares vesting each month thereafter. The option is also subject to accelerated vesting upon certain events.
  5. Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 9, 2012, and 1/48th of the total number of shares vesting each month thereafter. The option is also subject to accelerated vesting upon certain events.
  6. Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 1, 2013, and 1/48th of the total number of shares vesting each month thereafter. The option is also subject to accelerated vesting upon certain events.
  7. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.33 to $29.90, 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 in footnote (7) to this Form 4.