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Filing Details

Accession Number:
0000937098-16-000198
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-23 19:00:27
Reporting Period:
2016-09-21
Filing Date:
2016-09-23
Accepted Time:
2016-09-23 19:00:27
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
1218470 A Kenneth Goldman Trinet Group, Inc.
1100 San Leandro Blvd., Ste. 400
San Leandro CA 94577
Yes 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 Acquisiton 2016-09-21 20,000 $0.50 20,000 No 4 M Direct
Common Stock Disposition 2016-09-21 20,000 $0.00 0 No 5 G Direct
Common Stock Acquisiton 2016-09-21 20,000 $0.00 156,016 No 5 G Indirect Goldman-Valeriote Family Trust
Common Stock Disposition 2016-09-21 40,000 $20.70 116,016 No 4 S Indirect Goldman-Valeriote Family Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 5 G Direct
No 5 G Indirect Goldman-Valeriote Family Trust
No 4 S Indirect Goldman-Valeriote Family Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2016-09-21 20,000 $0.00 20,000 $0.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
20,000 2023-02-05 No 4 M Direct
Footnotes
  1. The Reporting Person is a Co-Trustee of the Goldman-Valeriote Family Trust dtd 11/15/95 and shares voting and dispositive power over the shares held by the trust.
  2. The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
  3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.50 to $20.96, 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.
  4. Option is subject to a 1-year vesting schedule, with 100% vesting upon the 12-month anniversary of February 5, 2013. The Option is also subject to accelerated vesting upon certain events.