| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TNET | Common Stock | Award | $0 | +2K | +6.65% | $0.00 | 32.1K | May 24, 2024 | See Footnote | F1, F2, F3, F4 |
| holding | TNET | Common Stock | 3.17M | May 24, 2024 | See Footnote | F3, F4, F5 | |||||
| holding | TNET | Common Stock | 14.9M | May 24, 2024 | See Footnote | F3, F4, F6 |
| Id | Content |
|---|---|
| F1 | Reflects the grant to Mr. Angelakis of Restricted Stock Units that convert into Common Stock, par value $0.000025 per share, of the Issuer ("Common Stock"), 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 Mr. Angelakis' continued service. The Restricted Stock Units are also subject to accelerated vesting upon certain events. |
| F2 | Reflects (i) 2,000 Restricted Stock Units and (ii) 30,086 shares of Common Stock directly beneficially owned by Mr. Angelakis, which were previously delivered to Mr. Angelakis in connection with the vesting of Restricted Stock Units granted to him in his capacity as a director of the Issuer. |
| F3 | This Form 4 is being filed by more than one Reporting Person. A-T Holdings GP, LLC is the general partner of AGI-T, L.P. Atairos Group, Inc. is the sole member and manager of A-T Holdings GP, LLC and the sole limited partner of AGI-T, L.P. A-A SMA GP, LLC is the general partner of A-A SMA, L.P. Atairos Group, Inc. is the sole member and manager of A-A SMA GP, LLC and the sole limited partner of A-A SMA, L.P. Atairos Partners, L.P. is the sole voting shareholder of Atairos Group, Inc. Atairos Partners GP, Inc. is the general partner of Atairos Partners, L.P. Michael J. Angelakis directly or indirectly controls a majority of the voting power of Atairos Partners GP, Inc. and serves on the board of directors of the Issuer. |
| F4 | Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. |
| F5 | Reflects shares of Common Stock directly beneficially owned by A-A SMA, L.P. |
| F6 | Reflects shares of Common Stock directly beneficially owned by AGI-T, L.P. |