Filing Details

Accession Number:
0000937098-20-000194
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-07-17 18:45:05
Reporting Period:
2020-07-15
Accepted Time:
2020-07-17 18:45:05
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
1596741 Martin Babinec Trinet Group, Inc.
One Park Place, Suite 600
Dublin CA 94568
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 Disposition 2020-07-15 19,458 $62.31 2,764,506 No 4 S Indirect By Trust
Common Stock Disposition 2020-07-15 21,310 $63.14 2,743,196 No 4 S Indirect By Trust
Common Stock Disposition 2020-07-15 5,000 $62.49 576,806 No 4 S Indirect By Trust
Common Stock Disposition 2020-07-15 5,437 $63.16 571,369 No 4 S Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Trust
No 4 S Indirect By Trust
No 4 S Indirect By Trust
No 4 S Indirect By Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,773 Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
  2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.645 to $62.64, 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.
  3. Shares held directly by the Babinec Family Trust (the "Family Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Family Trust.
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.655 to $63.24, 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.
  5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.02 to $63.00, 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.
  6. Shares held directly by the Babinec 2008 Children's Trust (the "Children's Trust"). The Reporting Person and his spouse serve as trustees and his spouse serves as a beneficiary of the Children's Trust.
  7. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.035 to $63.27, 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.