SEC Form 4 · accession 0000950103-19-002103
TRINET GROUP, INC. · TNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Michael J Angelakis
Director · 10% Owner
Atairos Group, Inc.
10% Owner
Atairos Partners GP, Inc.
10% Owner
Atairos Partners, L.P.
10% Owner
A-T Holdings GP, LLC
10% Owner
AGI-T, L.P.
Director · 10% Owner
A-A SMA, L.P.
10% Owner
A-A SMA GP, LLC
10% Owner
Period of report
Feb 14, 2019
Accepted (ET)
Feb 19, 2019 · 7:23 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,F2,F3 | Feb 14, 2019 | M | 4,836 | — | A | 12,513 | I | See Footnote |
| Common StockF3,F4 | holding | — | — | — | 17,691,312 | I | See Footnote | |
| Common StockF3,F5 | holding | — | — | — | 1,813,022 | I | See Footnote |
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,F1,F6 | — | Feb 14, 2019 | M | 4,836 | D | — | — | Common Stock | 4,836 | 0 | I |
Explanation of responses
- F1Restricted Stock Units convert into common stock of the Issuer, par value $0.000025 per share ("Common Stock"), on a one-for-one basis.
- F2Michael J. Angelakis directly beneficially owns 12,513 shares of Common Stock. The Restricted Stock Units reported herein were granted to Michael J. Angelakis in his capacity as a director of the Issuer.
- F3This Form 4 is being filed by more than one Reporting Person. A-T Holdings GP, LLC is the general partner of AGI-T, L.P. Atairos Group, Inc. is the sole member and manager of A-T Holdings GP, LLC and the sole limited partner of AGI-T, L.P. A-A SMA GP, LLC is the general partner of A-A SMA, L.P. Atairos Group, Inc. is the sole member and manager of A-A SMA GP, LLC and the sole limited partner of A-A SMA, L.P. Atairos Partners, L.P. is the sole voting shareholder of Atairos Group, Inc. Atairos Partners GP, Inc. is the general partner of Atairos Partners, L.P. Michael J. Angelakis directly or indirectly controls a majority of the voting power of Atairos Partners GP, Inc. and serves on the board of directors of the Issuer. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.
- F4AGI-T, L.P. directly beneficially owns 17,691,312 shares of Common Stock.
- F5A-A SMA, L.P. directly beneficially owns 1,813,022 shares of Common Stock.
- F6The Restricted Stock Units vested 100% on February 14, 2019.