Burton M. Goldfield - 04 Mar 2022 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Signature
/s/ Sheryl Southwick, Attorney-in-fact
Issuer symbol
TNET
Transactions as of
04 Mar 2022
Net transactions value
$0
Form type
4
Filing time
08 Mar 2022, 17:37:53 UTC
Previous filing
17 Feb 2022
Next filing
24 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNET Common Stock Award $0 +71,702 +55% $0.000000 202,088 04 Mar 2022 Direct F1
holding TNET Common Stock 424,531 04 Mar 2022 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the portion of a performance-based restricted stock unit award (the "PRSUs") made on March 15, 2021 that was determined to be earned based on performance for the period ending December 31, 2021. The PRSUs will vest as follows: 50% on December 31, 2022 and 50% on December 31, 2023, subject to continued service through each such date and are subject to accelerated vesting upon certain events. Each PRSU represents a contingent right to receive one share of TNET common stock upon vesting.
F2 Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. and Maud Carol Goldfield, Trustees, Burton M. Goldfield and Maud Carol Goldfield Trust, u/a/d 12/6/00.