Burton M. Goldfield - 28 Oct 2022 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Role: PRESIDENT, CEO and DIRECTOR, Director
Signature: /s/ Sheryl Southwick, Attorney-in-fact
Issuer symbol: TNET
Transactions as of: 28 Oct 2022
Net transactions value: -$336,278
Form type: 4
Filing time: 01 Nov 2022, 18:19:45 UTC
Previous filing: 28 Sep 2022
Next filing: 17 Nov 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	Gift	$0	-5,214	-2.4%	$0.000000	210,268	04 Oct 2022	Direct
transaction	TNET	Common Stock	Gift	$0	+5,214	+1.4%	$0.000000	369,387	04 Oct 2022	By Trust	F1
transaction	TNET	Common Stock	Options Exercise	$68,625	+6,250	+3%	$10.98	216,518	28 Oct 2022	Direct	F2
transaction	TNET	Common Stock	Sale	$398,355	-6,150	-2.8%	$64.77	210,368	28 Oct 2022	Direct	F3, F4
transaction	TNET	Common Stock	Sale	$6,548	-100	-0.05%	$65.48	210,268	28 Oct 2022	Direct	F3

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	-6,250	-8.6%	$0.000000	66,035	28 Oct 2022	Common Stock	6,250	$10.98	Direct	F2, F5

* 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	The exercise reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
F3	The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
F4	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.33 to $65.22, 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.
F5	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.