Burton M. Goldfield - Sep 23, 2021 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Role: PRESIDENT, CEO and DIRECTOR, Director
Signature: /s/ Sheryl Southwick, Attorney-in-fact
Stock symbol: TNET
Transactions as of: Sep 23, 2021
Transactions value $: -$568,607
Form type: 4
Date filed: 9/27/2021, 06:34 PM
Previous filing: Aug 17, 2021
Next filing: Oct 27, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TNET	Common Stock	Sale	-$295K	-3.09K	-0.75%	$95.54	408K	Sep 23, 2021	By Trust	F1, F2, F3
transaction	TNET	Common Stock	Sale	-$104K	-1.08K	-0.26%	$95.88	407K	Sep 23, 2021	By Trust	F1, F3, F4
transaction	TNET	Common Stock	Options Exercise	$22K	+2K	+0.93%	$10.98	218K	Sep 24, 2021	Direct	F5
transaction	TNET	Common Stock	Sale	-$192K	-2K	-0.92%	$96.09	216K	Sep 24, 2021	Direct	F1, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TNET	Employee Stock Option (right to buy)	Options Exercise	$0	-2K	-1.77%	$0.00	111K	Sep 24, 2021	Common Stock	2K	$10.98	Direct	F5, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 $94.82 to $95.79, 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	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.
F4	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.825 to $95.89, 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 exercise reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
F6	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.88 to $96.44, 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.
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.