Wayne B. Lowell - May 24, 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
May 24, 2024
Transactions value $
$0
Form type
4
Date filed
5/29/2024, 06:38 PM
Previous filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNET Common Stock Award $0 +2K +71.25% $0.00 4.81K May 24, 2024 Direct F1, F2
transaction TNET Common Stock Gift $0 -2.81K -58.39% $0.00 2K May 24, 2024 Direct F2, F3
transaction TNET Common Stock Gift $0 +2.81K +3.31% $0.00 87.6K May 24, 2024 By Trust F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the grant of Restricted Stock Units that convert into Common Stock, par value $0.000025 per share, of the Issuer, on a one-for-one basis. The Restricted Stock Units will vest 100% on the earlier of the 12-month anniversary of the date of grant and the trading day preceding the date of the Company's 2025 Annual Meeting of the Stockholders, subject to the director's continued service. The Restricted Stock Units are also subject to accelerated vesting upon certain events.
F2 The total securities beneficially owned includes shares of unvested restricted stock units.
F3 Represents a transfer of shares to a trust, of which the reporting person and his spouse are trustees and beneficiaries of the trust.
F4 Shares held directly by the Lowell Revocable Living Trust (the "Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Trust.