0000937098-17-000185.txt : 20170817
0000937098-17-000185.hdr.sgml : 20170817
20170817204207
ACCESSION NUMBER: 0000937098-17-000185
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170815
FILED AS OF DATE: 20170817
DATE AS OF CHANGE: 20170817
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Griese Edward
CENTRAL INDEX KEY: 0001666672
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36373
FILM NUMBER: 171039984
MAIL ADDRESS:
STREET 1: 1100 SAN LEANDRO BLVD
STREET 2: SUITE 400
CITY: SAN LEANDRO
STATE: CA
ZIP: 94577
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. 400
CITY: SAN LEANDRO
STATE: CA
ZIP: 94577
BUSINESS PHONE: 5103525000
MAIL ADDRESS:
STREET 1: 1100 SAN LEANDRO BLVD., STE. 400
CITY: SAN LEANDRO
STATE: CA
ZIP: 94577
FORMER COMPANY:
FORMER CONFORMED NAME: TRINET EMPLOYER GROUP INC
DATE OF NAME CHANGE: 20000126
4
1
wf-form4_150301691335088.xml
FORM 4
X0306
4
2017-08-15
0
0000937098
TRINET GROUP INC
TNET
0001666672
Griese Edward
TRINET GROUP, INC.
1100 SAN LEANDRO BLVD., STE 400
SAN LEANDRO
CA
94577
0
1
0
0
SR. VP, INSURANCE SERVICES
Common Stock
2017-08-15
4
M
0
6250
A
8504
D
Common Stock
2017-08-15
4
M
0
440
A
8944
D
Common Stock
2017-08-15
4
F
0
2807
38.25
D
6137
D
Common Stock
2017-08-17
4
S
0
200
32.55
D
5937
D
Common Stock
2017-08-17
4
S
0
2994
35.5584
D
2943
D
Common Stock
2017-08-17
4
S
0
300
36.32
D
2643
D
Restricted Stock Units
2017-08-15
4
M
0
6250
0
D
Common Stock
6250.0
62500
D
Restricted Stock Units
2017-08-15
4
M
0
440
0
D
Common Stock
440.0
6156
D
Restricted Stock Units convert into common stock on a one-for-one basis.
These shares represent shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the Restricted Stock Units reported herein.
The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.15 to $35.95, 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.26 to $36.41, 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.
On March 10, 2016, the Reporting Person was granted 100,000 Restricted Stock Units, subject to a 4-year vesting schedule: one-fourth of the total number of shares vesting on the first anniversary of the grant date, and thereafter one-sixteenth 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 event.
On March 24, 2017, the Reporting Person was granted 7,035 Restricted Stock Units, subject to a 4-year vesting schedule: one-sixteenth 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 Units are also subject to accelerated vesting upon certain events.
/s/ Helen Hong, Attorney-in-fact
2017-08-17