0000937098-16-000152.txt : 20160517
0000937098-16-000152.hdr.sgml : 20160517
20160517192522
ACCESSION NUMBER: 0000937098-16-000152
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160515
FILED AS OF DATE: 20160517
DATE AS OF CHANGE: 20160517
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRINET GROUP INC
CENTRAL INDEX KEY: 0000937098
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 953359658
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1100 SAN LEANDRO BLVD., STE. 300
CITY: SAN LEANDRO
STATE: CA
ZIP: 94577
BUSINESS PHONE: 5103525000
MAIL ADDRESS:
STREET 1: 1100 SAN LEANDRO BLVD., STE. 300
CITY: SAN LEANDRO
STATE: CA
ZIP: 94577
FORMER COMPANY:
FORMER CONFORMED NAME: TRINET EMPLOYER GROUP INC
DATE OF NAME CHANGE: 20000126
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Turner John W
CENTRAL INDEX KEY: 0001596797
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36373
FILM NUMBER: 161659059
MAIL ADDRESS:
STREET 1: TRINET GROUP, INC.
STREET 2: 1100 SAN LEANDRO BLVD., STE. 400
CITY: SAN LEANDRO
STATE: CA
ZIP: 94577
4
1
wf-form4_146352750858177.xml
FORM 4
X0306
4
2016-05-15
0
0000937098
TRINET GROUP INC
TNET
0001596797
Turner John W
TRINET GROUP, INC.
1100 SAN LEANDRO BLVD., STE. 400
SAN LEANDRO
CA
94577
0
1
0
0
SR. VP of SALES
Common Stock
2016-05-13
5
A
0
E
1000
15.64
A
1000
D
Common Stock
2016-05-15
4
M
0
621
A
1621
D
Common Stock
2016-05-15
4
F
0
234
18.75
D
1387
D
Common Stock
2016-05-15
4
M
0
3118
A
4505
D
Common Stock
2016-05-15
4
F
0
1172
18.75
D
3333
D
Common Stock
2016-05-17
4
M
0
5000
0.50
A
8333
D
Common Stock
2016-05-17
4
S
0
5000
19.0836
D
3333
D
Common Stock
109084
I
By Trust
Restricted Stock Units
2016-05-15
4
M
0
621
0
D
Common Stock
621.0
6840
D
Restricted Stock Units
2016-05-15
4
M
0
3118
0
D
Common Stock
3118.0
43659
D
Employee Stock Option (right to buy)
0.5
2016-05-17
4
M
0
5000
0
D
2022-02-09
Common Stock
5000.0
133292
D
These shares were acquired under the TriNet Group, Inc 2014 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
Restricted Stock Units convert into common stock on a one-for-one basis.
The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 16, 2015.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.86 to $19.39, 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 herein.
Reporting Person is a Trustee and shares voting and investment power over the shares held by The Turner 2000 Revocable Trust.
On March 5, 2015, the Reporting Person was granted 9,948 restricted stock units, subject to a 4-year vesting schedule, 1/16 of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The Restricted Stock Unit is also subject to accelerated vesting upon certain events.
On January 4, 2016, the Reporting Person was granted 49,895 restricted stock units, subject to a 4-year vesting schedule, 1/16th of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The Restricted Stock Unit is also subject to accelerated vesting upon certain events.
Option 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
/s/ Helen Hong, Attorney-in-fact
2016-05-17