0001214659-15-004631.txt : 20150605
0001214659-15-004631.hdr.sgml : 20150605
20150605110709
ACCESSION NUMBER: 0001214659-15-004631
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150515
FILED AS OF DATE: 20150605
DATE AS OF CHANGE: 20150605
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRINET GROUP INC
CENTRAL INDEX KEY: 0000937098
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 943081033
STATE OF INCORPORATION: DE
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: 15914909
MAIL ADDRESS:
STREET 1: TRINET GROUP, INC.
STREET 2: 1100 SAN LEANDRO BLVD., STE. 400
CITY: SAN LEANDRO
STATE: CA
ZIP: 94577
4
1
marketforms-31624.xml
PRIMARY DOCUMENT
X0306
4
2015-05-15
0000937098
TRINET GROUP INC
TNET
0001596797
Turner John W
TRINET GROUP, INC.
1100 SAN LEANDRO BLVD., STE. 400
SAN LEANDRO
CA
94577
false
true
false
false
SR. VP of SALES
Common Stock
2015-05-15
4
M
false
621
A
104381
D
Common Stock
2015-05-15
4
F
false
325
29.72
D
104056
D
Common Stock
2015-05-15
4
A
false
857
25.245
A
104913
D
Common Stock
2015-06-03
4
M
false
10000
.5000
A
114913
D
Common Stock
2015-06-03
4
S
false
10000
29.3003
D
104913
D
Restricted Stock Units
2015-05-15
4
M
false
621
0
D
Common Stock
621
9327
D
Employee Stock Option (right to buy)
.5
2015-06-03
4
M
false
10000
0
D
2022-02-09
Common Stock
10000
168292
D
Restricted Stock Units convert into common stock on a one-for-one basis.
Reporting owner inadvertently reported the incorrect amount of securities beneficially owned following reported transactions in prior Form 4s filed in 2015 which was not due to an error in or omission of an actual transaction.
These shares were acquired under the TriNet Group, Inc 2014 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 15, 2014.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.915 to $29.47, 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 in footnote (5) to this Form 4.
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.
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/ John W. Turner
2015-06-05