Wayne B. Lowell - May 9, 2022 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Role
Director
Signature
/s/ Gordon Klepper, Attorney-in-fact
Stock symbol
TNET
Transactions as of
May 9, 2022
Transactions value $
$219,600
Form type
4
Date filed
5/11/2022, 04:55 PM
Previous filing
Mar 28, 2022
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNET Common Stock Options Exercise $220K +20K +427.81% $10.98 24.7K May 9, 2022 Direct
holding TNET Common Stock 70.1K May 9, 2022 By Trust F1

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 Stock Option (Right to Buy) Options Exercise $0 -20K -100% $0.00* 0 May 9, 2022 Common Stock 20K $10.98 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held directly by the Lowell Revocable Living Trust (the "Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Trust.
F2 Option is subject to a 1-year vesting schedule, with 100% vesting upon the 12-month anniversary of February 11, 2014. The Option is also subject to accelerated vesting upon certain events.