Simonds Michael Q 4
4 · TRINET GROUP, INC. · Filed Mar 19, 2024
Insider Transaction Report
Form 4
Simonds Michael Q
DirectorPRESIDENT & CEO
Transactions
- Award
Common Stock
2024-03-15+12,734→ 12,734 total - Award
Common Stock
2024-03-15+33,427→ 46,161 total
Footnotes (3)
- [F1]Represents a grant of a restricted stock unit award. The restricted stock unit award will vest 100% on December 31, 2024. The restricted stock unit award is also subject to accelerated vesting upon certain events.
- [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.
- [F3]Represents a grant of a restricted stock unit award. The restricted stock unit award is subject to a 4-year vesting schedule: one-fourth of the total number of shares vesting on the 15th day of the second month following the one-year anniversary of the grant date, and one-sixteenth of the total number of shares vesting on the 15th day of the second month of each of the twelve calendar quarters thereafter. The restricted stock unit award is also subject to accelerated vesting upon certain events.