SEC Form 4 · accession 0000937098-16-000104
TRINET GROUP, INC. · TNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne B Lowell
Director
Period of report
Mar 10, 2016
Accepted (ET)
Mar 11, 2016 · 4:21 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 | Mar 10, 2016 | M | 40,000 | $0.50 | A | 40,000 | D | |
| Common StockF1 | holding | — | — | — | 176,016 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $0.50 | Mar 10, 2016 | M | 40,000 | D | — | Feb 5, 2023 | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1The insider and his wife are trustees of the trust and share voting and dispositive power over the shares held by the trust.
- F2Option 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.