Filing Details
- Accession Number:
- 0001214659-15-000308
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-01-13 15:31:38
- Reporting Period:
- 2015-01-09
- Filing Date:
- 2015-01-13
- Accepted Time:
- 2015-01-13 15:31:38
- 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 | 2014-11-13 | 1,500 | $0.00 | 321,428 | No | 5 | G | Indirect | The Gregory Lewis Hammond Living Trust |
| Common Stock | Disposition | 2014-11-13 | 3,000 | $0.00 | 318,428 | No | 5 | G | Indirect | The Gregory Lewis Hammond Living Trust |
| Commonn Stock | Acquisiton | 2014-11-13 | 1,500 | $0.00 | 1,500 | No | 5 | G | Indirect | By Daughter |
| Common Stock | Disposition | 2015-01-09 | 30,000 | $32.85 | 288,428 | No | 4 | S | Indirect | The Gregory Lewis Hammond Living Trust |
| Common Stock | Acquisiton | 2015-01-09 | 2,000 | $0.50 | 2,000 | No | 4 | M | Direct | |
| Commonn Stock | Disposition | 2015-01-09 | 2,000 | $33.26 | 0 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2015-01-09 | 1,000 | $1.45 | 1,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-01-09 | 1,000 | $33.24 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | G | Indirect | The Gregory Lewis Hammond Living Trust |
| No | 5 | G | Indirect | The Gregory Lewis Hammond Living Trust |
| No | 5 | G | Indirect | By Daughter |
| 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 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2015-01-09 | 2,000 | $0.00 | 2,000 | $0.50 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2015-01-09 | 1,000 | $0.00 | 1,000 | $1.45 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 26,506 | 2022-02-09 | No | 4 | M | Direct | |
| 26,000 | 2023-03-13 | No | 4 | M | Direct |
Footnotes
- This transaction involved a gift of securities by the reporting person to his daughter, who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the reporting person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.
- The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 8, 2014.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.51 to $33.32, 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 (3) to this Form 4.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.15 to $33.31, 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 (4) to this Form 4.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.15 to $33.29, 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 in footnote (5) to this Form 4.
- 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.
- 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.
- 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.
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