SEC Form 4 · accession 0001214659-15-006402
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
Aug 27, 2015
Accepted (ET)
Aug 28, 2015 · 5:00 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 | Aug 27, 2015 | M | 4 | $0.50 | A | 4,220 | D | |
| Common Stock | Aug 27, 2015 | M | 20,000 | $0.50 | A | 24,220 | D | |
| Common Stock | Aug 27, 2015 | M | 32,196 | $1.4475 | A | 56,416 | D | |
| Common Stock | Aug 27, 2015 | M | 9,106 | $10.98 | A | 65,522 | D | |
| Common StockF1 | holding | — | — | — | 150,000 | I | By Trust | |
| Common StockF2 | holding | — | — | — | 1,315,130 | 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)F3 | $0.50 | Aug 27, 2015 | M | 4 | D | — | Sep 20, 2020 | Common Stock | 4 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $0.50 | Aug 27, 2015 | M | 20,000 | D | — | Mar 6, 2022 | Common Stock | 20,000 | 20,004 | D |
| Employee Stock Option (Right to Buy)F5 | $1.4475 | Aug 27, 2015 | M | 32,196 | D | — | Mar 13, 2023 | Common Stock | 32,196 | 167,804 | D |
| Employee Stock Option (Right to Buy)F6 | $10.98 | Aug 27, 2015 | M | 9,106 | D | — | Feb 11, 2024 | Common Stock | 9,106 | 210,894 | D |
Explanation of responses
- F1Reporting 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.
- F2Reporting 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.
- F3Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of September 20, 2010, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.
- F4Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 9, 2012, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.
- F5Option 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.
- F6Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 1, 2014, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.