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TNET TriNet Group Inc

105.72
-21.06 (-16.61%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TriNet Group Inc NYSE:TNET NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -21.06 -16.61% 105.72 114.365 105.46 112.46 774,248 23:12:50

Statement of Changes in Beneficial Ownership (4)

21/06/2021 9:52pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BINGHAM H RAYMOND
2. Issuer Name and Ticker or Trading Symbol

TRINET GROUP, INC. [ TNET ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

TRINET GROUP, INC., ONE PARK PLACE, SUITE 600
3. Date of Earliest Transaction (MM/DD/YYYY)

6/16/2021
(Street)

DUBLIN, CA 94568
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 6/16/2021  S(1)  415 D$72.9233 (2)99848 I By Trust (3)
Common Stock 6/17/2021  S(1)  415 D$71.8855 (4)99433 I By Trust (3)
Common Stock         2576 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
(2) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.56 to $73.45, 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.
(3) 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.
(4) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.50 to $72.18, 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
BINGHAM H RAYMOND
TRINET GROUP, INC.
ONE PARK PLACE, SUITE 600
DUBLIN, CA 94568
X



Signatures
/s/ Sheryl Southwick, Attorney-in-fact6/21/2021
**Signature of Reporting PersonDate

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