Burton M. Goldfield - 27 Feb 2023 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Signature
/s/ Sheryl Southwick, Attorney-in-fact
Issuer symbol
TNET
Transactions as of
27 Feb 2023
Net transactions value
$0
Form type
4
Filing time
01 Mar 2023, 17:28:18 UTC
Previous filing
28 Feb 2023
Next filing
06 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNET Common Stock Award $0 +44,750 +43% $0.000000 148,275 27 Feb 2023 Direct F1
holding TNET Common Stock 398,319 27 Feb 2023 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the portion of a performance-based restricted stock unit award (the "PRSUs") made on March 23, 2022 that was determined to be earned based on performance for the period ending December 31, 2022. The PRSUs will vest as follows: 50% on December 31, 2023 and 50% on December 31, 2024, subject to continued service through each such date and are subject to accelerated vesting upon certain events. Each PRSU represents a contingent right to receive one share of TNET common stock upon vesting.
F2 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.