SEC Form 4 · accession 0000937098-16-000161
TRINET GROUP, INC. · TNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Katherine August-deWilde
Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 6:08 pm EDT
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 | Jun 1, 2016 | M | 1,668 | $9.36 | A | 1,668 | D | |
| Common Stock | Jun 1, 2016 | G | 1,668 | $0.00 | D | 0 | D | |
| Common StockF1 | Jun 1, 2016 | G | 1,668 | $0.00 | A | 168,752 | 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 | $9.36 | Jun 1, 2016 | M | 1,668 | D | — | Oct 29, 2023 | Common Stock | 1,668 | 8,338 | D |
Explanation of responses
- F1Reporting Person is a Trustee and shares voting and investment power over the shares held by the DeWilde Family Trust dated June 21, 1990.
- F2Option is subject to a 3-year vesting schedule, with 33% vesting upon the 12-month anniversary of October 29, 2013, and 1/36th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.