SEC Form 4 · accession 0000937098-17-000075
TRINET GROUP, INC. · TNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Burton M. Goldfield
Officer — PRESIDENT, CEO and DIRECTOR · Director
Period of report
Mar 9, 2017
Accepted (ET)
Mar 13, 2017 · 7:44 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 StockF1 | Mar 9, 2017 | A | 3,503 | — | A | 10,114 | D | |
| Common StockF2 | Mar 9, 2017 | F | 1,317 | $28.67 | D | 8,797 | D | |
| Common StockF3 | Mar 9, 2017 | G | 220 | $0.00 | D | 1,303,727 | I | By Trust |
| Common StockF4 | holding | — | — | — | 130,000 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the portion of a performance restricted stock unit award made on March 5, 2015 that was determined to be earned based on performance for the period ending December 31, 2016. Each performance restricted stock unit represented a contingent right to receive one share of TNET common stock upon vesting.
- F2These shares represent shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the performance share units reported herein.
- F3Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. and Maud Carol Goldfield, Trustees, Burton M. Goldfield and Maud Carol Goldfield Trust, u/a/d 12/6/00.
- F4Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. Goldfield and Maud Carol Goldfield, Trustees of the Alec Thunder Goldfield 2011 Irrevocable Trust.