Burton M. Goldfield - Mar 22, 2022 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: Mar 22, 2022
Transactions value $: -$554,857
Form type: 4
Date filed: 3/24/2022, 09:03 PM
Previous filing: Mar 8, 2022
Next filing: Apr 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TNET	Common Stock	Sale	-$391K	-4.17K	-0.98%	$93.93	420K	Mar 22, 2022	By Trust	F1, F2, F3
transaction	TNET	Common Stock	Gift	$0	-6.93K	-3.43%	$0.00	195K	Mar 22, 2022	Direct
transaction	TNET	Common Stock	Gift	$0	+6.93K	+1.65%	$0.00	427K	Mar 22, 2022	By Trust	F3
transaction	TNET	Common Stock	Award	$0	+35.8K	+18.34%	$0.00	231K	Mar 23, 2022	Direct	F4
transaction	TNET	Common Stock	Options Exercise	$22K	+2K	+0.87%	$10.98	233K	Mar 24, 2022	Direct	F5
transaction	TNET	Common Stock	Sale	-$185K	-2K	-0.86%	$92.70	231K	Mar 24, 2022	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	-1.97%	$0.00	99.3K	Mar 24, 2022	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 $93.45 to $94.36, 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	Represents a grant of a restricted stock unit award. The restricted stock unit award is 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 unit award is also subject to accelerated vesting upon certain events.
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 $92.22 to $93.2050, 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.