SEC Form 4 · accession 0000937098-16-000059
TRINET GROUP, INC. · TNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Raymond Bingham
Director
Period of report
Feb 5, 2016
Accepted (ET)
Feb 9, 2016 · 4:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000937098
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 1, 2015 | G | 323,676 | $0.00 | D | 0 | D | |
| Common StockF1 | Sep 1, 2015 | G | 323,676 | $0.00 | A | 323,676 | I | By Trust |
| Common StockF1 | Nov 25, 2015 | G | 24,900 | $0.00 | D | 298,776 | I | By Trust |
| Common StockF1 | Dec 15, 2015 | G | 12,000 | $0.00 | D | 286,776 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Feb 5, 2016 | A | 21,995 | A | — | — | Common Stock | 21,995 | 21,995 | D |
Explanation of responses
- F1Reporting Person is a Trustee and shares voting and investment power over the shares held by the Raymond and Kristin Bingham Revocable Trust, H. Raymond Bingham and Kristin B. Bingham Trustees, u/a/d September 16, 2004, amended July 20, 2009.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of TNET common stock.
- F3The Restricted Stock Units will vest 100% on February 5, 2017. The Restricted Stock Units are also subject to accelerated vesting upon certain events.