SEC Form 4 · accession 0000937098-17-000020
TRINET GROUP, INC. · TNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne B Lowell
Director
Period of report
Feb 5, 2017
Accepted (ET)
Feb 7, 2017 · 6:39 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 17, 2016 | G | 40,000 | $0.00 | D | 0 | D | |
| Common StockF1 | Mar 17, 2016 | G | 40,000 | $0.00 | A | 216,016 | I | By Trust |
| Common StockF2 | Feb 5, 2017 | M | 14,663 | — | A | 14,663 | D | |
| Common Stock | Feb 5, 2017 | G | 14,663 | $0.00 | D | 0 | D | |
| Common StockF1 | Feb 5, 2017 | G | 14,663 | $0.00 | A | 230,679 | 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, 2017 | M | 14,663 | D | — | — | Common Stock | 14,663 | 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.
- F2Restricted Stock Units convert into common stock on a one-for-one basis.
- F3The Restricted Stock Units vested 100% on February 5, 2017. The Restricted Stock Units are also subject to accelerated vesting upon certain events.