Form 4 for TNET TRINET GROUP, INC.
Accepted 2022-12-28 00:00:00 ET · period of report 2022-12-23 · accession 0000937098-22-000249 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-12-28 | 2022-12-23 | TNET | Goldfield Burton M. | Pres, CEO, Dir | M - OptEx | $10.98 | +6,250 | 211.4K | +3% | +$68.6K |
| D | 2022-12-28 | 2022-12-23 | TNET | Goldfield Burton M. | Pres, CEO, Dir | S - Sale+OE | $65.09 | -6,250 | 205.1K | -3% | -$406.8K |
| DI | 2022-12-28 | 2022-12-12 | TNET | Goldfield Burton M. | Pres, CEO, Dir | G - Gift | $0.00 | -8,060 | 361.3K | -2% | $0 |
| D | 2022-12-28 | 2022-12-23 | TNET | Goldfield Burton M. | Pres, CEO, Dir | M - OptEx | $0.00 | -6,250 | 53.5K | -10% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-23 | M | A | 6,250 | $10.98 | 211,387 | D | — | — | |
| 2 | Common | Common Stock | 2022-12-23 | S | D | 6,250 | $65.09 | 205,137 | D | — | — | (F4) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.74 to $65.39, 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. |
| 3 | Common | Common Stock | 2022-12-12 | G | D | 8,060 | $0.00 | 361,327 | I By Trust | — | — | (F1) 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. |
| 4 | Derivative | Employee Stock Option (right to buy) | 2022-12-23 | M | D | 6,250 | $0.00 | 53,535 | D | $10.98 · — to 2024-02-11 | 6,250 Common Stock | (F5) 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. |