SEC Form 4 · accession 0001214659-15-002294
TRINET GROUP, INC. · TNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin Babinec
Director
Period of report
Mar 11, 2015
Accepted (ET)
Mar 13, 2015 · 5:01 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 | Mar 12, 2015 | G | 20,000 | $0.00 | D | 0 | D | |
| Common StockF2 | Mar 12, 2015 | G | 20,000 | $0.00 | A | 4,241,020 | 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 UnitsF3,F4 | — | Mar 11, 2015 | A | 6,016 | A | — | — | Common Stock | 6,016 | 6,016 | D |
Explanation of responses
- F1On March 12, 2015, the shares were gifted to a revocable living trust. The Reporting Owner is a Co-Trustee and has sole voting and dispositive power over the shares held by trust.
- F2Shares are held directly by Martin and Krista Babinec, Trustees of The Babinec Family Trust. Reporting Owner is a Co-Trustee and has sole voting and investment power over the shares held by The Babinec Family Trust.
- F3Each Restricted Stock Unit represents a contingent right to receive one share of TNET common stock.
- F4The Restricted Stock Units will vest 100% on February 12, 2016. The Restricted Stock Units are also subject to accelerated vesting upon certain events.