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

Role
Director
Signature
/s/ Sheryl Southwick, Attorney-in-fact
Stock symbol
TNET
Transactions as of
May 16, 2022
Transactions value $
$164,700
Form type
4
Date filed
5/18/2022, 08:11 PM
Previous filing
May 6, 2022
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNET Common Stock Options Exercise $165K +15K +320.86% $10.98* 19.7K May 16, 2022 Direct
holding TNET Common Stock 69.9K May 16, 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 -15K -100% $0.00* 0 May 16, 2022 Common Stock 15K $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.