0000937098-23-000194.txt : 20230926
0000937098-23-000194.hdr.sgml : 20230926
20230926180741
ACCESSION NUMBER: 0000937098-23-000194
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230922
FILED AS OF DATE: 20230926
DATE AS OF CHANGE: 20230926
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Goldfield Burton M.
CENTRAL INDEX KEY: 0001271858
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36373
FILM NUMBER: 231281465
MAIL ADDRESS:
STREET 1: ONE PARK PLACE
STREET 2: SUITE 600
CITY: DUBLIN
STATE: CA
ZIP: 94568
FORMER NAME:
FORMER CONFORMED NAME: GOLDFIELD BURTON
DATE OF NAME CHANGE: 20031202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRINET GROUP, INC.
CENTRAL INDEX KEY: 0000937098
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 953359658
STATE OF INCORPORATION: DE
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 GROUP INC
DATE OF NAME CHANGE: 20000306
FORMER COMPANY:
FORMER CONFORMED NAME: TRINET EMPLOYER GROUP INC
DATE OF NAME CHANGE: 20000126
4
1
wk-form4_1695766051.xml
FORM 4
X0508
4
2023-09-22
0
0000937098
TRINET GROUP, INC.
TNET
0001271858
Goldfield Burton M.
TRINET GROUP, INC.
ONE PARK PLACE, SUITE 600
DUBLIN
CA
94568
1
1
0
0
PRESIDENT, CEO and DIRECTOR
1
Common Stock
2023-09-22
4
M
0
2786
10.98
A
173489
D
Common Stock
2023-09-22
4
S
0
2786
115.9926
D
170703
D
Common Stock
2023-09-25
4
M
0
10358
33.51
A
181061
D
Common Stock
2023-09-25
4
S
0
688
114.3025
D
180373
D
Common Stock
2023-09-25
4
S
0
9670
115.0928
D
170703
D
Common Stock
369744
I
By Trust
Employee Stock Option (right to buy)
10.98
2023-09-22
4
M
0
2786
0
D
2024-02-11
Common Stock
2786
11141
D
Employee Stock Option (right to buy)
33.51
2023-09-25
4
M
0
10358
0
D
2025-03-05
Common Stock
10358
21720
D
The exercise reported on this Form 4 was effected pursuant to a 10b5-1 trading plan established by the Reporting Person on November 17, 2022 prior to the adoption of final amendments to Rule 10b5-1 on December 14, 2022.
The total securities beneficially owned includes shares of unvested restricted stock units. It excludes unvested performance-based restricted stock units which will be reported when earned upon achievement of certain
performance criteria.
The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan established by the Reporting Person on November 17, 2022 prior to the adoption of final amendments to Rule 10b5-1 on December 14, 2022.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.69 to $116.38, 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 $113.70 to $114.63, 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 $114.7250 to $115.62, 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.
Shares held directly by the Burton M. Goldfield and Maud Carol Goldfield Trust, u/a/d 12/6/00 (the "Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Trust.
Option 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.
Option is subject to a 4-year vesting schedule, with 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 on March 5, 2015. The Option is also subject to accelerated vesting upon certain events.
/s/ Sheryl Southwick, Attorney-in-fact
2023-09-26