4//SEC Filing
Mickelsen Brady 4
Accession 0000937098-18-000159
CIK 0000937098other
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 7:40 PM ET
Size
16.3 KB
Accession
0000937098-18-000159
Insider Transaction Report
Form 4
TRINET GROUP INCTNET
Mickelsen Brady
SVP & Chief Legal Officer
Transactions
- Sale
Common Stock
2018-08-20$57.46/sh−3,851$221,270→ 52,903 total - Gift
Common Stock
2018-08-22−3,073→ 42,390 total - Exercise/Conversion
Employee Stock Option (right to buy)
2018-08-20−2,625→ 9,375 totalExercise: $17.71Exp: 2025-08-21→ Common Stock (2,625 underlying) - Sale
Common Stock
2018-08-20$57.25/sh−825$47,227→ 58,554 total - Sale
Common Stock
2018-08-20$58.20/sh−1,800$104,766→ 56,754 total - Sale
Common Stock
2018-08-20$58.09/sh−7,440$432,221→ 45,463 total - Exercise/Conversion
Common Stock
2018-08-20$17.71/sh+2,625$46,489→ 59,379 total
Footnotes (6)
- [F1]The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.770 to $57.380, 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.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.000 to $58.300, 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.
- [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.770 to $57.760, 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.
- [F5]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.770 to $58.580, 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.
- [F6]Option is subject to a 4-year vesting schedule: one-fourth of the total number of shares vesting on the first anniversary of the grant date, and thereafter one-sixteenth of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The Option is also subject to accelerated vesting upon certain events.
Documents
Issuer
TRINET GROUP INC
CIK 0000937098
Entity typeother
Related Parties
1- filerCIK 0001645258
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 7:40 PM ET
- Size
- 16.3 KB