Wellington Samantha's Form 4/A amendment
AmendedTrinet Group, Inc. (TNET) · filed Sep 8, 2023
- Accession no.
- 0000937098-23-000185
- Filed
- Sep 8, 2023
- Trade date
- Aug 31, 2023
- Filing delay
- 8 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Sep 5, 2023
This filing lists 1 non-derivative transaction. It carries over 2 transactions from the original filing that it did not restate. Open-market sales total $1.14M. It was filed 8 days after the trade.
This amendment restates part of 0000937098-23-000183 (filed Sep 5, 2023). The transactions it did not restate still count and are listed below.
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.
| Owner | Relationship to the company |
|---|---|
| Wellington SamanthaCIK 0001759942 | Officer (EVP, CLO and SECRETARY) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 31, 2023 | Common Stock | DReturned to the companyDisposed | −12,344 | $107.00 | −$1,320,808 | 72,668 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0000937098-23-000183 (filed Sep 5, 2023).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 31, 2023 | Common Stock | SSaleDisposed | −10,149 | $111.19F1 | −$1,128,467.31 | 85,088 | Direct | |
| Aug 31, 2023 | Common Stock | SSaleDisposed | −76 | $111.61 | −$8,482.36 | 85,012 | Direct |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F1
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.58 to $111.57, 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.
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.
- F1
This amended Form 4 is being filed to reflect the actual number of shares of Common Stock accepted by the Issuer in the Issuer's fixed price tender offer. The initial Form 4 (filed on September 5, 2023) that this filing amends was based on an estimate of the number of shares accepted by the Issuer in the Issuer's fixed price tender offer, the results of which are reported in the Issuer's press release dated August 31, 2023.
- 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.