Form 4 for TNET TRINET GROUP, INC.
Accepted 2023-08-09 00:00:00 ET · period of report 2023-08-07 · accession 0000937098-23-000150 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-08-09 | 2023-08-07+ | TNET | Goldfield Burton M. | Pres, CEO, Dir | S - Sale+OE | $106.01 | -616 | 176.2K | -0.3% | -$65.3K |
| DM | 2023-08-09 | 2023-08-07+ | TNET | Goldfield Burton M. | Pres, CEO, Dir | M - OptEx | $33.51 | +616 | 176.8K | +0.3% | +$20.6K |
| DM | 2023-08-09 | 2023-08-07+ | TNET | Goldfield Burton M. | Pres, CEO, Dir | M - OptEx | $0.00 | -616 | 71.6K | -0.9% | $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 | 2023-08-08 | S | D | 100 | $106.00 | 176,239 | D | — | — | |
| 2 | Common | Common Stock | 2023-08-08 | M | A | 100 | $33.51 | 176,339 | D | — | — | |
| 3 | Common | Common Stock | 2023-08-07 | S | D | 516 | $106.01 | 176,239 | D | — | — | (F3) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.00 to $106.04, 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. |
| 4 | Common | Common Stock | 2023-08-07 | M | A | 516 | $33.51 | 176,755 | D | — | — | |
| 5 | Derivative | Employee Stock Option (right to buy) | 2023-08-08 | M | D | 100 | $0.00 | 71,462 | D | $33.51 · — to 2025-03-05 | 100 Common Stock | (F5) 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. |
| 6 | Derivative | Employee Stock Option (right to buy) | 2023-08-07 | M | D | 516 | $0.00 | 71,562 | D | $33.51 · — to 2025-03-05 | 516 Common Stock | (F5) 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. |