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Goldfield Burton M.'s Form 4 filing

Trinet Group, Inc. (TNET) · filed Aug 17, 2021

Accession no.
0000937098-21-000213
Filed
Aug 17, 2021
Trade date
Jul 29-Aug 17, 2021
Filing delay
19 daysLate
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 8 non-derivative transactions and 1 derivative transaction. Open-market sales total $554.7K. It was filed 19 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Goldfield Burton M.CIK 0001271858Director, Officer (PRESIDENT, CEO and DIRECTOR)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 29, 2021Common StockGGiftDisposed−12,500$0.00$0415,270Indirect
Aug 15, 2021Common StockFTax withholdingDisposed−1,302$90.64−$118,013.28219,993Direct
Aug 15, 2021Common StockFTax withholdingDisposed−1,004$90.64−$91,002.56218,989Direct
Aug 15, 2021Common StockFTax withholdingDisposed−1,906$90.64−$172,759.84217,083Direct
Aug 15, 2021Common StockFTax withholdingDisposed−1,112$90.64−$100,791.68215,971Direct
Aug 17, 2021Common StockSSaleDisposed−4,166$89.96F7−$374,773.36411,104Indirect
Aug 17, 2021Common StockMOption exerciseAcquired+2,000$10.98+$21,960217,971Direct
Aug 17, 2021Common StockSSaleDisposed−2,000$89.96F9−$179,920215,971Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 17, 2021Common StockMOption exerciseDisposed−2,000$0.00$0113,285Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F7

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.50 to $90.48, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Referenced by the price of 1 transaction in Table I.

F9

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.50 to $90.42, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)