0000937098-18-000184.txt : 20181119
0000937098-18-000184.hdr.sgml : 20181119
20181119212809
ACCESSION NUMBER: 0000937098-18-000184
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181115
FILED AS OF DATE: 20181119
DATE AS OF CHANGE: 20181119
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Mickelsen Brady
CENTRAL INDEX KEY: 0001645258
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36373
FILM NUMBER: 181194126
MAIL ADDRESS:
STREET 1: C/O TRINET GROUP, INC.
STREET 2: 1100 SAN LEANDRO BLVD., STE. 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: ONE PARK PLACE., SUITE 600
CITY: DUBLIN
STATE: CA
ZIP: 94568
BUSINESS PHONE: 5103525000
MAIL ADDRESS:
STREET 1: ONE PARK PLACE., SUITE 600
CITY: DUBLIN
STATE: CA
ZIP: 94568
FORMER COMPANY:
FORMER CONFORMED NAME: TRINET EMPLOYER GROUP INC
DATE OF NAME CHANGE: 20000126
4
1
wf-form4_154268087133997.xml
FORM 4
X0306
4
2018-11-15
1
0000937098
TRINET GROUP INC
TNET
0001645258
Mickelsen Brady
TRINET GROUP, INC.
ONE PARK PLACE, SUITE 600
DUBLIN
CA
94568
0
1
0
0
SVP, CLO & SECRETARY
Common Stock
2018-11-15
4
M
0
5000
A
47390
D
Common Stock
2018-11-15
4
M
0
4924
A
52314
D
Common Stock
2018-11-15
4
M
0
825
A
53139
D
Common Stock
2018-11-15
4
F
0
5575
44.44
D
47564
D
Common Stock
2018-11-19
4
M
0
1875
17.71
A
49439
D
Common Stock
2018-11-19
4
S
0
1875
44.0995
D
47564
D
Common Stock
2018-11-19
4
S
0
5418
44.0519
D
42146
D
Restricted Stock Units
2018-11-15
4
M
0
5000
0
D
Common Stock
5000.0
15000
D
Restricted Stock Units
2018-11-15
4
M
0
4924
0
D
Common Stock
4924.0
19696
D
Restricted Stock Units
2018-11-15
4
M
0
825
0
D
Common Stock
825.0
7420
D
Employee Stock Option (right to buy)
17.71
2018-11-19
4
M
0
1875
0
D
2025-08-21
Common Stock
1875.0
7500
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 and Restricted Stock Awards.
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 $43.66 to $44.22, 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 $43.66 to $44.28, 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 August 21, 2015, the Reporting Person was granted 80,000 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 Units are also subject to accelerated vesting upon certain events.
On January 4, 2016, the Reporting Person was granted 78,782 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.
On March 24, 2017, the Reporting Person was granted 13,191 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.
Option is 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 Option is also subject to accelerated vesting upon certain events.
/s/ Helen Hong, Attorney-in-fact
2018-11-19