Kelly L. Tuminelli - Mar 4, 2024 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Role: EVP & CHIEF FINANCIAL OFFICER
Signature: /s/ Sheryl Southwick, Attorney-in-fact
Stock symbol: TNET
Transactions as of: Mar 4, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/6/2024, 06:08 PM
Previous filing: Feb 23, 2024
Next filing: Mar 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TNET	Common Stock	Award	$0	+16.2K	+24.6%	$0.00	82.2K	Mar 4, 2024	Direct	F1, 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 15, 2023 that was determined to be earned based on performance for the period ending December 31, 2023. The PRSUs will vest as follows: 50% on December 31, 2024 and 50% on December 31, 2025, 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	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.

Content

Represents the portion of a performance-based restricted stock unit award (the "PRSUs") made on March 15, 2023 that was determined to be earned based on performance for the period ending December 31, 2023. The PRSUs will vest as follows: 50% on December 31, 2024 and 50% on December 31, 2025, 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.

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.