Wayne B. Lowell - Mar 23, 2023 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Role
Director
Signature
/s/ Sheryl Southwick, Attorney-in-fact
Stock symbol
TNET
Transactions as of
Mar 23, 2023
Transactions value $
$0
Form type
4
Date filed
3/27/2023, 05:28 PM
Previous filing
Jun 6, 2022
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNET Common Stock Award $0 +2.81K +133.73% $0.00 4.91K Mar 23, 2023 Direct F1
holding TNET Common Stock 92.7K Mar 23, 2023 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the grant of Restricted Stock Units that convert into Common Stock, par value $0.000025 per share, of the Issuer, on a one-for-one basis. The Restricted Stock Units will vest 100% on the date of the Company's 2024 Annual Meeting of the Stockholders, subject to the director's continued service. The Restricted Stock Units are also subject to accelerated vesting upon certain events.
F2 Shares held directly by the Lowell Revocable Living Trust (the "Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Trust.