H. Raymond Bingham - 16 May 2022 Form 4 Insider Report for TRINET GROUP, INC. (TNET)

Reporting relationship: Director
Issuer ticker: TNET
Reported as of: 16 May 2022
Net transaction value: +$164,700
SEC form: 4
Accepted by SEC: 18 May 2022, 20:11:40 UTC
Prior SEC filing: 06 May 2022
Next SEC filing: 20 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Sheryl Southwick, Attorney-in-fact

Key filing fact

H. Raymond Bingham filed Form 4 for TRINET GROUP, INC. (TNET) on 18 May 2022.

Key facts

This page summarizes H. Raymond Bingham's Form 4 filing for TRINET GROUP, INC. (TNET).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 18 May 2022, 20:11.

Change

Previous filing in this sequence was filed on 06 May 2022.
Current net transaction value: +$164,700.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TNET transaction

Common Stock

Options Exercise

Transaction value: $164,700
Shares: +15,000
Change %: +321%
Price: $10.98^*
Shares after: 19,675
Date: 16 May 2022
Ownership: Direct

TNET holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 69,918
Date: 16 May 2022
Ownership: By Trust
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TNET transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -15,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 15,000
Exercise price: $10.98
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The shares are held directly by the H. Raymond Bingham Living Trust. The Reporting Person is the trustee of the H. Raymond Bingham Living Trust.

Footnote F2

Option is subject to a 1-year vesting schedule, with 100% vesting upon the 12-month anniversary of February 11, 2014. The Option is also subject to accelerated vesting upon certain events.