0000937098-23-000169.txt : 20230825 0000937098-23-000169.hdr.sgml : 20230825 20230825183845 ACCESSION NUMBER: 0000937098-23-000169 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230823 FILED AS OF DATE: 20230825 DATE AS OF CHANGE: 20230825 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Goldfield Burton M. CENTRAL INDEX KEY: 0001271858 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36373 FILM NUMBER: 231209689 MAIL ADDRESS: STREET 1: ONE PARK PLACE STREET 2: SUITE 600 CITY: DUBLIN STATE: CA ZIP: 94568 FORMER NAME: FORMER CONFORMED NAME: GOLDFIELD BURTON DATE OF NAME CHANGE: 20031202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TRINET GROUP, INC. CENTRAL INDEX KEY: 0000937098 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 953359658 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE PARK PLACE., SUITE 600 CITY: DUBLIN STATE: CA ZIP: 94568 BUSINESS PHONE: 5103525000 MAIL ADDRESS: STREET 1: ONE PARK PLACE., SUITE 600 CITY: DUBLIN STATE: CA ZIP: 94568 FORMER COMPANY: FORMER CONFORMED NAME: TRINET GROUP INC DATE OF NAME CHANGE: 20000306 FORMER COMPANY: FORMER CONFORMED NAME: TRINET EMPLOYER GROUP INC DATE OF NAME CHANGE: 20000126 4 1 wk-form4_1693003114.xml FORM 4 X0508 4 2023-08-23 0 0000937098 TRINET GROUP, INC. TNET 0001271858 Goldfield Burton M. TRINET GROUP, INC. ONE PARK PLACE, SUITE 600 DUBLIN CA 94568 1 1 0 0 PRESIDENT, CEO and DIRECTOR 1 Common Stock 2023-08-23 4 M 0 3660 33.51 A 174363 D Common Stock 2023-08-23 4 S 0 3660 106.3356 D 170703 D Common Stock 2023-08-24 4 M 0 2786 10.98 A 173489 D Common Stock 2023-08-24 4 S 0 2786 106.2867 D 170703 D Common Stock 410274 I By Trust Employee Stock Option (right to buy) 33.51 2023-08-23 4 M 0 3660 0 D 2025-03-05 Common Stock 3660 57718 D Employee Stock Option (right to buy) 10.98 2023-08-24 4 M 0 2786 0 D 2024-02-11 Common Stock 2786 13927 D The exercise reported on this Form 4 was effected pursuant to a 10b5-1 trading plan established by the Reporting Person on November 17, 2022 prior to the adoption of final amendments to Rule 10b5-1 on December 14, 2022. 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. The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan established by the Reporting Person on November 17, 2022 prior to the adoption of final amendments to Rule 10b5-1 on December 14, 2022. 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 $106.58, 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.07 to $106.62, 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. 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. 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. 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. /s/ Sheryl Southwick, Attorney-in-fact 2023-08-25