Accession Number: | 0000937098-23-000014 |
Date: | 2023-01-24 |
Issuer: | TRINET GROUP, INC. (TNET) |
Original Submission Date: |
GOLDFIELD BURTON M.
TRINET GROUP, INC.
ONE PARK PLACE, SUITE 600
DUBLIN, CA 94568
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2023-01-10 | G | 51,792 | d | $0.00 | 107,541 | direct | ||
COMMON STOCK | 2023-01-10 | G | 51,792 | a | $0.00 | 413,119 | indirect | ||
COMMON STOCK | 2023-01-24 | M | 6,250 | a | $10.98 | 113,791 | direct | ||
COMMON STOCK | 2023-01-24 | S | 6,250 | d | $76.00 | 107,541 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 10.98 | 2023-01-24 | deemed execution date | M | 6,250 (d) | 2024-02-11 | common stock 6,250 | $10.98 | 47,285 | direct |
ID | footnote |
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f1 | shares held directly by the burton m. goldfield and maud carol goldfield trust, u/a/d 12/6/00 (the "trust"). the reporting person and his spouse serve as trustees and beneficiaries of the trust. |
f2 | the exercise reported on this form 4 were effected pursuant to a 10b5-1 trading plan previously established. |
f3 | the sales reported on this form 4 were effected pursuant to a 10b5-1 trading plan previously established. |
f4 | the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $75.9950 to $76.0050, 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. |
f5 | option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of february 1, 2014, and 1/48th of the total number of shares vesting each month thereafter. the option is also subject to accelerated vesting upon certain events. |