H. Raymond Bingham - 16 May 2022 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Role: Director
Signature: /s/ Sheryl Southwick, Attorney-in-fact
Issuer symbol: TNET
Transactions as of: 16 May 2022
Net transactions value: +$164,700
Form type: 4
Filing time: 18 May 2022, 20:11:40 UTC
Previous filing: 06 May 2022
Next filing: 20 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TNET	Common Stock	Options Exercise	$164,700	+15,000	+321%	$10.98^*	19,675	16 May 2022	Direct
holding	TNET	Common Stock						69,918	16 May 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	-15,000	-100%	$0.000000^*	0	16 May 2022	Common Stock	15,000	$10.98	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares are held directly by the H. Raymond Bingham Living Trust. The Reporting Person is the trustee of the H. Raymond Bingham Living 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.