Alexander G. Warren - Dec 13, 2022 Form 3 Insider Report for TRINET GROUP, INC. (TNET)

Role: SVP, CHIEF REVENUE OFFICER
Signature: /s/ Sheryl Southwick, Attorney-in-fact
Stock symbol: TNET
Transactions as of: Dec 13, 2022
Transactions value $: $0
Form type: 3
Date filed: 12/19/2022, 05:19 PM
Next filing: Dec 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TNET	Common Stock						32.4K	Dec 13, 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Reflects 254 unvested restricted stock units ("RSUs") from an award of 4,050 RSUs granted on March 18, 2019; 2,956 unvested RSUs from an award of 9,459 RSUs granted on February 28, 2020; 8,371 unvested RSUs from an award of 22,322 RSUs granted on May 15, 2020; 3,362 unvested RSUs from an award of 5,976 RSUs granted on March 15, 2021; and 5,489 unvested RSUs from an award of 6,755 RSUs granted on March 23, 2022. The RSUs are subject to a 4-year vesting schedule: one-sixteenth of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant dates. The RSUs are subject to continued service through each such vesting date and are subject to accelerated vesting upon certain events. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F2	Reflects 11,952 unvested performance-based restricted stock units ("PRSUs") that was determined to be earned based on performance for the period ending December 31, 2021. The PRSUs will vest as follows: 50% on December 31, 2022 and 50% on December 31, 2023. The PRSUs are subject to continued service through each such vesting date and are subject to accelerated vesting upon certain events. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.

Content

Reflects 254 unvested restricted stock units ("RSUs") from an award of 4,050 RSUs granted on March 18, 2019; 2,956 unvested RSUs from an award of 9,459 RSUs granted on February 28, 2020; 8,371 unvested RSUs from an award of 22,322 RSUs granted on May 15, 2020; 3,362 unvested RSUs from an award of 5,976 RSUs granted on March 15, 2021; and 5,489 unvested RSUs from an award of 6,755 RSUs granted on March 23, 2022. The RSUs are subject to a 4-year vesting schedule: one-sixteenth of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant dates. The RSUs are subject to continued service through each such vesting date and are subject to accelerated vesting upon certain events. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.

Reflects 11,952 unvested performance-based restricted stock units ("PRSUs") that was determined to be earned based on performance for the period ending December 31, 2021. The PRSUs will vest as follows: 50% on December 31, 2022 and 50% on December 31, 2023. The PRSUs are subject to continued service through each such vesting date and are subject to accelerated vesting upon certain events. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.