Burton M. Goldfield - 20 Feb 2024 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Role
Director
Signature
/s/ Sheryl Southwick, Attorney-in-fact
Issuer symbol
TNET
Transactions as of
20 Feb 2024
Net transactions value
$0
Form type
4
Filing time
22 Feb 2024, 18:26:07 UTC
Previous filing
20 Feb 2024
Next filing
26 Feb 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 Gift $0 -29,357 -24% $0.000000 90,965 20 Feb 2024 Direct F1, F2
transaction TNET Common Stock Gift $0 +29,357 +8% $0.000000 395,789 20 Feb 2024 By Trust F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a transfer of shares to a trust, of which the reporting person and his spouse are trustees and beneficiaries of the trust.
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 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.

Remarks:

The reporting person retired from his position as Chief Executive Officer & President of the Issuer effective February 16, 2024. The reporting person is still subject to Section 16 of the Securities Exchange Act of 1934 as he will remain a member of the Board of Directors until the Issuer's annual meeting of stockholders to be held in 2024.