Filing Details

Accession Number:
0000937098-16-000108
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-16 19:45:46
Reporting Period:
2016-03-15
Filing Date:
2016-03-16
Accepted Time:
2016-03-16 19:45:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
937098 Trinet Group Inc TNET Services-Business Services, Nec (7389) 953359658
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1596797 W John Turner Trinet Group, Inc.
1100 San Leandro Blvd., Ste. 400
San Leandro CA 94577
Sr. Vp Of Sales No Yes 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 2016-03-14 109,084 $0.00 0 No 5 G Direct
Common Stock Acquisiton 2016-03-14 109,084 $0.00 109,084 No 5 G Indirect By Trust
Common Stock Acquisiton 2016-03-15 5,000 $0.50 5,000 No 4 M Direct
Common Stock Disposition 2016-03-15 5,000 $13.20 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Direct
No 5 G Indirect By Trust
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 2016-03-15 5,000 $0.00 5,000 $0.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
143,292 2022-02-09 No 4 M Direct
Footnotes
  1. Reporting Person is a Trustee and shares voting and investment power over the shares held by The Turner 2000 Revocable Trust.
  2. The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 16, 2015.
  3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.07 to $13.34, 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.
  4. 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