Kelly L. Tuminelli - 15 May 2024 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Signature
/s/ Sheryl Southwick, Attorney-in-fact
Issuer symbol
TNET
Transactions as of
15 May 2024
Net transactions value
-$251,842
Form type
4
Filing time
17 May 2024, 19:17:59 UTC
Previous filing
19 Mar 2024
Next filing
21 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNET Common Stock Award $12,756 +146 +0.16% $87.37 92,328 15 May 2024 Direct F1, F2
transaction TNET Common Stock Tax liability $137,502 -1,361 -1.5% $101.03 90,967 15 May 2024 Direct F2, F3
transaction TNET Common Stock Tax liability $43,241 -428 -0.47% $101.03 90,539 15 May 2024 Direct F2, F4
transaction TNET Common Stock Tax liability $52,030 -515 -0.57% $101.03 90,024 15 May 2024 Direct F2, F5
transaction TNET Common Stock Tax liability $31,824 -315 -0.35% $101.03 89,709 15 May 2024 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the TriNet Group, Inc. 2014 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
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 restricted stock unit award granted on October 15, 2020.
F4 Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 23, 2022.
F5 Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 15, 2023.
F6 Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 15, 2024.