Burton M. Goldfield - May 15, 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
May 15, 2022
Transactions value $
-$748,986
Form type
4
Date filed
5/17/2022, 08:54 PM
Previous filing
Apr 25, 2022
Next filing
Jun 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNET Common Stock Gift $0 -60K -14.18% $0.00 363K Apr 28, 2022 By Trust F1
transaction TNET Common Stock Tax liability -$80.9K -1K -0.43% $80.61 230K May 15, 2022 Direct F2
transaction TNET Common Stock Tax liability -$154K -1.91K -0.83% $80.61 228K May 15, 2022 Direct F3
transaction TNET Common Stock Tax liability -$89.6K -1.11K -0.49% $80.61 227K May 15, 2022 Direct F4
transaction TNET Common Stock Tax liability -$89.5K -1.11K -0.49% $80.61 226K May 15, 2022 Direct F5
transaction TNET Common Stock Sale -$335K -4.17K -1.15% $80.48 359K May 17, 2022 By Trust F1, F6, F7
* 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 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.
F2 Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 18, 2019.
F3 Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on February 28, 2020.
F4 Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 15, 2021.
F5 Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 23, 2022.
F6 The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
F7 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.05 to $81.00, 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.