Martin Babinec - Jan 20, 2022 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Role
Director
Signature
/s/ Sheryl Southwick, Attorney-in-fact
Stock symbol
TNET
Transactions as of
Jan 20, 2022
Transactions value $
-$1,666,084
Form type
4
Date filed
1/24/2022, 04:22 PM
Previous filing
Dec 14, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNET Common Stock Sale -$528K -6.25K -0.28% $84.50 2.22M Jan 20, 2022 By Trust F1, F2, F3
transaction TNET Common Stock Sale -$728K -8.53K -0.38% $85.28 2.21M Jan 20, 2022 By Trust F1, F3, F4
transaction TNET Common Stock Sale -$18.9K -220 -0.01% $85.96 2.21M Jan 20, 2022 By Trust F1, F3, F5
transaction TNET Common Stock Sale -$57.6K -682 -0.15% $84.46 469K Jan 20, 2022 By Trust F1, F6, F7
transaction TNET Common Stock Sale -$317K -3.73K -0.79% $85.22 466K Jan 20, 2022 By Trust F1, F7, F8
transaction TNET Common Stock Sale -$16.6K -193 -0.04% $85.96 465K Jan 20, 2022 By Trust F1, F7, F9
holding TNET Common Stock 2.58K Jan 20, 2022 Direct
* 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 $83.90 to $84.87, 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 Babinec Family Trust (the "Family Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Family Trust.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.9150 to $85.88, 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 $85.9550 to $85.97, 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 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.91 to $84.87, 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 Shares held directly by the Babinec 2008 Children's Trust (the "Children's Trust"). The Reporting Person and his spouse serve as trustees and his spouse serves as a beneficiary of the Children's Trust.
F8 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.9150 to $85.8350, 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.
F9 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.96 to $85.97, 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.