SEC Form 4 · accession 0000937098-19-000044
TRINET GROUP, INC. · TNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin Babinec
Director
Period of report
Feb 14, 2019
Accepted (ET)
Feb 19, 2019 · 7:18 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 StockF1 | Feb 14, 2019 | M | 4,836 | — | A | 4,836 | D | |
| Common Stock | Feb 14, 2019 | S | 4,836 | $48.57 | D | 0 | D | |
| Common StockF3 | holding | — | — | — | 669,869 | I | By Trust | |
| Common StockF4 | holding | — | — | — | 3,221,196 | 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 UnitsF1,F5 | — | Feb 14, 2019 | M | 4,836 | D | — | — | Common Stock | 4,836 | 0 | D |
Explanation of responses
- F1Restricted stock units convert to common stock of TNET on a one-for-one basis.
- F2The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
- F3Shares are held directly by Babinec 2008 Children's Trust. Reporting Person is a Trustee and shares voting and investment power over the shares held by Babinec 2008 Children's Trust.
- F4Shares are held directly by Martin and Krista Babinec, Trustees of The Babinec Family Trust. Reporting Person is a Trustee and has sole voting and investment power over the shares held by The Babinec Family Trust.
- F5The restricted stock units ("RSUs") vested 100% on February 14, 2019.