SEC Form 4 · accession 0000937098-18-000129

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

Jun 18, 2018

Accepted (ET)

Jun 20, 2018 · 8:10 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 18, 2018	M	1,766	$1.4475	A	208,472	D
Common Stock^F2	Jun 18, 2018	S	1,766	$55.8132	D	206,706	D
Common Stock^F3,F4	Jun 18, 2018	S	5,848	$56.2796	D	1,180,532	I	By Trust
Common Stock^F3,F5	Jun 18, 2018	S	8,348	$56.2959	D	22,400	I	By Trust
Common Stock^F6	Jun 20, 2018	S	1,323	$56.7124	D	205,383	D
Common Stock	Jun 20, 2018	M	6,472	$1.4475	A	211,855	D
Common Stock^F7	Jun 20, 2018	S	6,472	$56.7288	D	205,383	D
Common Stock^F8,F4	Jun 20, 2018	S	7,500	$56.6995	D	1,173,032	I	By Trust
Common Stock^F9,F5	Jun 20, 2018	S	2,563	$56.7179	D	19,837	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
Employee Stock Option (right to buy)^F10	$1.4475	Jun 18, 2018	M	1,766	D	—	Mar 13, 2023	Common Stock	1,766	25,943	D
Employee Stock Option (right to buy)^F10	$1.4475	Jun 20, 2018	M	6,472	D	—	Mar 13, 2023	Common Stock	6,472	19,471	D

Explanation of responses

F1The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
F10Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 1, 2013, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.
F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.63 to $56.01, 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 $55.63 to $56.58, 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.
F4Reporting 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.
F5Reporting 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.
F6The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.52 to $56.94, 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.
F7The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.34 to $57.07, 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.
F8The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.6972 to $56.7057, 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.
F9The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.37 to $57.07, 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.