SEC Form 4 · accession 0001214659-15-006403
TRINET GROUP, INC. · TNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Porter
Officer — CHIEF FINANCIAL OFFICER
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 | 63,916 | $0.50 | A | 537,662 | D | |
| Common StockF1 | holding | — | — | — | 312,000 | 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)F2 | $0.50 | Aug 27, 2015 | M | 63,916 | D | — | Aug 23, 2020 | Common Stock | 63,916 | 11,088 | D |
Explanation of responses
- F1The Reporting Person is a Trustee of shares held by irrevocable trusts for Reporting Person's three sons, for which Reporting Person has sole voting and investment power.
- F2Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of August 23, 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.