Burton M. Goldfield - 31 Dec 2023 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
31 Dec 2023
Net transactions value
-$3,433,390
Form type
4
Filing time
03 Jan 2024, 18:08:43 UTC
Previous filing
28 Dec 2023
Next filing
24 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNET Common Stock Tax liability $2,113,981 -17,775 -12% $118.93 136,140 31 Dec 2023 Direct F1, F2
transaction TNET Common Stock Tax liability $1,319,409 -11,094 -8.1% $118.93 125,046 31 Dec 2023 Direct F2, F3
holding TNET Common Stock 366,432 31 Dec 2023 By Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the performance-based restricted stock unit award granted on March 15, 2021.
F2 The total securities beneficially owned includes shares of unvested restricted stock units. It excludes unvested performance-based restricted stock units which will be reported when earned upon achievement of certain performance criteria.
F3 Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the performance-based restricted stock unit award granted on March 23, 2022.
F4 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.