SEC Form 4 · accession 0001214659-15-000504
TRINET GROUP, INC. · TNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin Babinec
Director
Period of report
Jan 20, 2015
Accepted (ET)
Jan 22, 2015 · 12:53 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 StockF4 | Dec 24, 2014 | G | 20,000 | $0.00 | D | 4,281,020 | I | By Trust |
| Common StockF2,F4 | Jan 20, 2015 | S | 16,451 | $33.2737 | D | 4,264,569 | I | By Trust |
| Common StockF3,F4 | Jan 20, 2015 | S | 13,549 | $33.6242 | D | 4,251,020 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 16, 2014.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.60 to $33.59, 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 in footnote (2) to this Form 4.
- F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.60 to $33.69, 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 in footnote (3) to this Form 4.
- F4Shares are held directly by Martin and Krista Babinec, Trustees of The Babinec Family Trust. Reporting Owner is a Trustee and has sole voting and investment power over the shares held by The Babinec Family Trust.