Form 4 for TNET TRINET GROUP, INC.
Accepted 2024-01-24 00:00:00 ET · period of report 2024-01-22 · accession 0000937098-24-000016 · 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 | 2024-01-24 | 2024-01-22 | TNET | Goldfield Burton M. | Pres, CEO, Dir | S - Sale+OE | $116.67 | -2,783 | 125.7K | -2% | -$324.7K |
| D | 2024-01-24 | 2024-01-22 | TNET | Goldfield Burton M. | Pres, CEO, Dir | M - OptEx | $10.98 | +2,783 | 127.8K | +2% | +$30.6K |
| D | 2024-01-24 | 2024-01-22 | TNET | Goldfield Burton M. | Pres, CEO, Dir | M - OptEx | $0.00 | -2,783 | 0 | -100% | $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 | 2024-01-22 | S | D | 662 | $117.24 | 125,046 | D | — | — | (F5) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.08 to $117.41, 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. |
| 2 | Common | Common Stock | 2024-01-22 | S | D | 2,121 | $116.49 | 125,708 | D | — | — | (F4) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.06 to $117.03, 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 | 2024-01-22 | M | A | 2,783 | $10.98 | 127,829 | 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. |
| 4 | Derivative | Employee Stock Option (right to buy) | 2024-01-22 | M | D | 2,783 | $0.00 | 0 | D | $10.98 · — to 2024-02-11 | 2,783 Common Stock | (F7) 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. |