Burton M. Goldfield - Mar 4, 2024 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 4, 2024
Transactions value $
$0
Form type
4
Date filed
3/6/2024, 06:11 PM
Previous filing
Feb 26, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNET Common Stock Award $0 +45.5K +49.97% $0.00 136K Mar 4, 2024 Direct F1, F2
holding TNET Common Stock 364K Mar 4, 2024 By Trust F3
* 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.
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.