4//SEC Filing
Mickelsen Brady 4
Accession 0000937098-18-000184
CIK 0000937098other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 9:28 PM ET
Size
24.1 KB
Accession
0000937098-18-000184
Insider Transaction Report
Form 4
TRINET GROUP INCTNET
Mickelsen Brady
SVP & Chief Legal Officer
Transactions
- Exercise/Conversion
Common Stock
2018-11-15+4,924→ 52,314 total - Exercise/Conversion
Restricted Stock Units
2018-11-15−5,000→ 15,000 total→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2018-11-15+5,000→ 47,390 total - Tax Payment
Common Stock
2018-11-15$44.44/sh−5,575$247,753→ 47,564 total - Sale
Common Stock
2018-11-19$44.10/sh−1,875$82,687→ 47,564 total - Sale
Common Stock
2018-11-19$44.05/sh−5,418$238,673→ 42,146 total - Exercise/Conversion
Restricted Stock Units
2018-11-15−825→ 7,420 total→ Common Stock (825 underlying) - Exercise/Conversion
Common Stock
2018-11-15+825→ 53,139 total - Exercise/Conversion
Common Stock
2018-11-19$17.71/sh+1,875$33,206→ 49,439 total - Exercise/Conversion
Restricted Stock Units
2018-11-15−4,924→ 19,696 total→ Common Stock (4,924 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2018-11-19−1,875→ 7,500 totalExercise: $17.71Exp: 2025-08-21→ Common Stock (1,875 underlying)
Footnotes (9)
- [F1]Restricted Stock Units convert into common stock on a one-for-one basis.
- [F2]These shares represent shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the Restricted Stock Units and Restricted Stock Awards.
- [F3]The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
- [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.66 to $44.22, 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 $43.66 to $44.28, 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]On August 21, 2015, the Reporting Person was granted 80,000 Restricted Stock Units, 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 Restricted Stock Units are also subject to accelerated vesting upon certain events.
- [F7]On January 4, 2016, the Reporting Person was granted 78,782 Restricted Stock Units, subject to a 4-year vesting schedule: 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 Restricted Stock Units are also subject to accelerated vesting upon certain events.
- [F8]On March 24, 2017, the Reporting Person was granted 13,191 Restricted Stock Units, subject to a 4-year vesting schedule: 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 Restricted Stock Units are also subject to accelerated vesting upon certain events.
- [F9]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
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 9:28 PM ET
- Size
- 24.1 KB