SEC Form 4 · accession 0000937098-17-000071
TRINET GROUP, INC. · TNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Porter
Officer — CHIEF FINANCIAL OFFICER
Period of report
Mar 7, 2017
Accepted (ET)
Mar 8, 2017 · 4:34 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 7, 2017 | S | 12,600 | $28.43 | D | 495,849 | D | |
| Common StockF2 | Mar 7, 2017 | S | 1,800 | $28.5365 | D | 494,049 | D | |
| Common StockF3 | Mar 7, 2017 | S | 5,400 | $28.6299 | D | 488,649 | D | |
| Common StockF4 | Mar 7, 2017 | S | 13,200 | $28.43 | D | 270,000 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.38 to $28.70, 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.
- F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.42 to $28.84, 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.
- F4The Reporting Person is a Trustee of shares held by irrevocable trusts for Reporting Person's three sons, for which Reporting Person has sole voting and investment power.