Form 4 for TNET TRINET GROUP, INC.
Accepted 2023-09-05 00:00:00 ET · period of report 2023-08-31 · accession 0000937098-23-000183 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-09-05 | 2023-08-31 | TNET | WELLINGTON SAMANTHA | EVP, CLO, Sec | S - Sale | $111.19 | -10.2K | 85.1K | -11% | -$1.14M |
| 2023-09-05 | 2023-08-31 | TNET | WELLINGTON SAMANTHA | EVP, CLO, Sec | D - Sale to Iss | $107.00 | -12.3K | 72.7K | -14% | -$1.32M |
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 | 2023-08-31 | S | D | 76 | $111.61 | 85,012 | D | — | — | (F2) 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. |
| 2 | Common | Common Stock | 2023-08-31 | S | D | 10,149 | $111.19 | 85,088 | D | — | — | (F1) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.58 to $111.57, 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. (F2) 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. |
| 3 | Common | Common Stock | 2023-08-31 | D | D | 12,306 | $107.00 | 72,706 | D | — | — | (F3) The share amount reported is based on an estimate of the number of shares accepted by the Issuer in the Issuer's fixed price tender offer, the results of which are reported in the Issuer's press release dated August 31, 2023. (F2) 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. |