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TNET

TRINET GROUP, INC.

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4202
SEC CIK
0000937098
Parsed reports
924

Last 12 months

Inside the activity.

1 purchase rows · 12 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202504
Dec 202500
Jan 202601
Feb 202601
Mar 202610
Apr 202601
May 202601
Jun 202600
Jul 202600
Aug 202604
Sep 202600
Oct 202600

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Insider transactions

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
February 15, 2020 Filed Feb 20, 2020 01:33 UTC
BECKERT RICHARD JSVP, CHIEF FINANCIAL OFFICER
Tax withholdingCommon Stock 1,036 $61.00 $63,196.00
Disclosure

SEC source: 0000937098-20-000080 · wf-form4_158216241873922.xml · nonDerivative · entry 1

BECKERT RICHARD J · CIK 0001438941 · SVP, CHIEF FINANCIAL OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 122,388

F1 · shares: Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on July 17, 2017.

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February 15, 2020 Filed Feb 20, 2020 01:33 UTC
Kohler OlivierSVP, CHIEF OPERATING OFFICER
Tax withholdingCommon Stock 418 $61.00 $25,498.00
Disclosure

SEC source: 0000937098-20-000079 · wf-form4_158216239668992.xml · nonDerivative · entry 2

Kohler Olivier · CIK 0001771942 · SVP, CHIEF OPERATING OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,446

F2 · shares: Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 18, 2019.

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February 15, 2020 Filed Feb 20, 2020 01:33 UTC
Kohler OlivierSVP, CHIEF OPERATING OFFICER
Tax withholdingCommon Stock 539 $61.00 $32,879.00
Disclosure

SEC source: 0000937098-20-000079 · wf-form4_158216239668992.xml · nonDerivative · entry 1

Kohler Olivier · CIK 0001771942 · SVP, CHIEF OPERATING OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,864

F1 · shares: Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock award granted on May 10, 2018.

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February 14, 2020 Filed Feb 20, 2020 01:35 UTC
Murphy Michael PPRINCIPAL ACCOUNTING OFFICER
SaleCommon Stock 1,683 $60.00 $100,980.00
Disclosure

SEC source: 0000937098-20-000085 · wf-form4_158216253719746.xml · nonDerivative · entry 1

Murphy Michael P · CIK 0001704736 · PRINCIPAL ACCOUNTING OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,324

F1 · kind: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

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February 14, 2020 Filed Mar 27, 2020 22:12 UTC GiftCommon Stock 211 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000122 · wf-form4_158534711101366.xml · nonDerivative · entry 2

KOSECOFF JACQUELINE B · CIK 0001209524 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 211

F1 · ownership.nature: Shares held directly by the Robert H. Brook and Jacqueline B. Kosecoff Family Trust (the "Trust"). The Reporting Person and her spouse serve as trustees and beneficiaries of the Trust.

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February 14, 2020 Filed Mar 27, 2020 22:12 UTC GiftCommon Stock 211 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000122 · wf-form4_158534711101366.xml · nonDerivative · entry 1

KOSECOFF JACQUELINE B · CIK 0001209524 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Read SEC document
February 13, 2020 Filed Feb 15, 2020 00:02 UTC
AGI-T, L.P.Director · 10% owner
Angelakis Michael JDirector · 10% owner
A-A SMA, L.P.10% owner
PurchaseCommon Stock 35,304 $52.39 $1,849,576.56
Disclosure

SEC source: 0000950103-20-002837 · dp121417_4-agitlp.xml · nonDerivative · entry 4

AGI-T, L.P. · CIK 0001694481 · Director · 10% owner

Angelakis Michael J · CIK 0001393014 · Director · 10% owner

Atairos Partners GP, Inc. · CIK 0001671176 · 10% owner

Atairos Partners, L.P. · CIK 0001671185 · 10% owner

Atairos Group, Inc. · CIK 0001671122 · 10% owner

A-T Holdings GP, LLC · CIK 0001694477 · 10% owner

A-A SMA, L.P. · CIK 0001697046 · 10% owner

A-A SMA GP, LLC · CIK 0001697053 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 3,040,187

F1 · shares: Reflects the purchase of shares of Common Stock of the Issuer ("Common Stock") effected pursuant to Rule 10b5-1 trading plans adopted by A-A SMA, L.P.

F5 · price: The reported price is a weighted average price. The reported securities were purchased in multiple transactions at prices ranging from $51.98 to $52.71, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holders of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares of Common Stock purchased at each separate price within such range.

F6 · ownership.nature: Reflects shares of Common Stock directly beneficially owned by A-A SMA, L.P.

F7 · ownership.nature: 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. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.

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February 13, 2020 Filed Feb 15, 2020 00:02 UTC
AGI-T, L.P.Director · 10% owner
Angelakis Michael JDirector · 10% owner
A-A SMA, L.P.10% owner
PurchaseCommon Stock 28,696 $51.50 $1,477,844.00
Disclosure

SEC source: 0000950103-20-002837 · dp121417_4-agitlp.xml · nonDerivative · entry 3

AGI-T, L.P. · CIK 0001694481 · Director · 10% owner

Angelakis Michael J · CIK 0001393014 · Director · 10% owner

Atairos Partners GP, Inc. · CIK 0001671176 · 10% owner

Atairos Partners, L.P. · CIK 0001671185 · 10% owner

Atairos Group, Inc. · CIK 0001671122 · 10% owner

A-T Holdings GP, LLC · CIK 0001694477 · 10% owner

A-A SMA, L.P. · CIK 0001697046 · 10% owner

A-A SMA GP, LLC · CIK 0001697053 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 3,004,883

F1 · shares: Reflects the purchase of shares of Common Stock of the Issuer ("Common Stock") effected pursuant to Rule 10b5-1 trading plans adopted by A-A SMA, L.P.

F4 · price: The reported price is a weighted average price. The reported securities were purchased in multiple transactions at prices ranging from $50.95 to $51.94, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holders of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares of Common Stock purchased at each separate price within such range.

F6 · ownership.nature: Reflects shares of Common Stock directly beneficially owned by A-A SMA, L.P.

F7 · ownership.nature: 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. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.

Read SEC document
February 12, 2020 Filed Feb 15, 2020 00:02 UTC
AGI-T, L.P.Director · 10% owner
Angelakis Michael JDirector · 10% owner
A-A SMA, L.P.10% owner
PurchaseCommon Stock 45,720 $52.72 $2,410,358.40
Disclosure

SEC source: 0000950103-20-002837 · dp121417_4-agitlp.xml · nonDerivative · entry 2

AGI-T, L.P. · CIK 0001694481 · Director · 10% owner

Angelakis Michael J · CIK 0001393014 · Director · 10% owner

Atairos Partners GP, Inc. · CIK 0001671176 · 10% owner

Atairos Partners, L.P. · CIK 0001671185 · 10% owner

Atairos Group, Inc. · CIK 0001671122 · 10% owner

A-T Holdings GP, LLC · CIK 0001694477 · 10% owner

A-A SMA, L.P. · CIK 0001697046 · 10% owner

A-A SMA GP, LLC · CIK 0001697053 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 2,976,187

F1 · shares: Reflects the purchase of shares of Common Stock of the Issuer ("Common Stock") effected pursuant to Rule 10b5-1 trading plans adopted by A-A SMA, L.P.

F3 · price: The reported price is a weighted average price. The reported securities were purchased in multiple transactions at prices ranging from $52.46 to $52.99, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holders of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares of Common Stock purchased at each separate price within such range.

F6 · ownership.nature: Reflects shares of Common Stock directly beneficially owned by A-A SMA, L.P.

F7 · ownership.nature: 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. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.

Read SEC document
February 12, 2020 Filed Feb 15, 2020 00:02 UTC
AGI-T, L.P.Director · 10% owner
Angelakis Michael JDirector · 10% owner
A-A SMA, L.P.10% owner
PurchaseCommon Stock 18,280 $52.16 $953,484.80
Disclosure

SEC source: 0000950103-20-002837 · dp121417_4-agitlp.xml · nonDerivative · entry 1

AGI-T, L.P. · CIK 0001694481 · Director · 10% owner

Angelakis Michael J · CIK 0001393014 · Director · 10% owner

Atairos Partners GP, Inc. · CIK 0001671176 · 10% owner

Atairos Partners, L.P. · CIK 0001671185 · 10% owner

Atairos Group, Inc. · CIK 0001671122 · 10% owner

A-T Holdings GP, LLC · CIK 0001694477 · 10% owner

A-A SMA, L.P. · CIK 0001697046 · 10% owner

A-A SMA GP, LLC · CIK 0001697053 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 2,930,467

F1 · shares: Reflects the purchase of shares of Common Stock of the Issuer ("Common Stock") effected pursuant to Rule 10b5-1 trading plans adopted by A-A SMA, L.P.

F2 · price: The reported price is a weighted average price. The reported securities were purchased in multiple transactions at prices ranging from $51.46 to $52.44, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holders of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares of Common Stock purchased at each separate price within such range.

F6 · ownership.nature: Reflects shares of Common Stock directly beneficially owned by A-A SMA, L.P.

F7 · ownership.nature: 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. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.

Read SEC document
February 12, 2020 Filed Mar 5, 2020 23:09 UTC GiftCommon Stock 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000107 · wf-form4_158344976246132.xml · nonDerivative · entry 2

Babinec Martin · CIK 0001596741 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 2,901,696

F1 · ownership.nature: Shares are held directly by the Babinec Family Trust. The reporting person and his wife are the trustees and beneficiaries of the Babinec Family Trust.

Read SEC document
February 12, 2020 Filed Mar 5, 2020 23:09 UTC GiftCommon Stock 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000107 · wf-form4_158344976246132.xml · nonDerivative · entry 1

Babinec Martin · CIK 0001596741 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Read SEC document
February 10, 2020 Filed Feb 11, 2020 02:05 UTC SaleCommon Stock 4,000 $55.82 $223,271.60
Disclosure

SEC source: 0000937098-20-000063 · wf-form4_158138670063948.xml · nonDerivative · entry 6

Babinec Martin · CIK 0001596741 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 607,869

F2 · kind: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F8 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.44 to $56.42, 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.

F9 · ownership.nature: Shares are held directly by Babinec 2008 Children's Trust. Reporting Person is a Trustee and shares voting and investment power over the shares held by Babinec 2008 Children's Trust.

Read SEC document
February 10, 2020 Filed Feb 11, 2020 02:05 UTC SaleCommon Stock 3,364 $56.35 $189,561.06
Disclosure

SEC source: 0000937098-20-000063 · wf-form4_158138670063948.xml · nonDerivative · entry 5

Babinec Martin · CIK 0001596741 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 2,897,378

F2 · kind: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F7 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.24 to $56.515, 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.

F4 · ownership.nature: Shares are held directly by Martin and Krista Babinec, Trustees of The Babinec Family Trust. Reporting Person is a Trustee and has sole voting and investment power over the shares held by The Babinec Family Trust.

Read SEC document
February 10, 2020 Filed Feb 11, 2020 02:05 UTC SaleCommon Stock 16,136 $55.81 $900,487.23
Disclosure

SEC source: 0000937098-20-000063 · wf-form4_158138670063948.xml · nonDerivative · entry 4

Babinec Martin · CIK 0001596741 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 2,900,742

F2 · kind: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F6 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.22 to $56.21, 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.

F4 · ownership.nature: Shares are held directly by Martin and Krista Babinec, Trustees of The Babinec Family Trust. Reporting Person is a Trustee and has sole voting and investment power over the shares held by The Babinec Family Trust.

Read SEC document
February 06, 2020 Filed Feb 8, 2020 00:21 UTC Exercise / conversionRestricted Stock Units · Derivative 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000049 · wf-form4_158112128251795.xml · derivative · entry 4

August-deWilde Katherine · CIK 0001596781 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,318 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F3 · derivative.exercise_date: The restricted stock units vested 100% on February 6, 2020.

F3 · derivative.expiration_date: The restricted stock units vested 100% on February 6, 2020.

Read SEC document
February 06, 2020 Filed Feb 8, 2020 00:21 UTC GiftCommon Stock 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000049 · wf-form4_158112128251795.xml · nonDerivative · entry 3

August-deWilde Katherine · CIK 0001596781 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 208,495

F2 · ownership.nature: Reporting Person is a Trustee and shares voting and investment power over the shares held by the DeWilde Family Trust dated June 21, 1990.

Read SEC document
February 06, 2020 Filed Feb 8, 2020 00:21 UTC GiftCommon Stock 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000049 · wf-form4_158112128251795.xml · nonDerivative · entry 2

August-deWilde Katherine · CIK 0001596781 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Read SEC document
February 06, 2020 Filed Feb 8, 2020 00:21 UTC Exercise / conversionCommon Stock 4,318 Not disclosed Not disclosed
Disclosure

SEC source: 0000937098-20-000049 · wf-form4_158112128251795.xml · nonDerivative · entry 1

August-deWilde Katherine · CIK 0001596781 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,318

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

Read SEC document
February 06, 2020 Filed Feb 7, 2020 23:45 UTC Exercise / conversionRestricted Stock Units · Derivative 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000047 · wf-form4_158111909042417.xml · derivative · entry 7

BINGHAM H RAYMOND · CIK 0001181467 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,318 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F6 · derivative.exercise_date: The restricted stock units vested 100% on February 6, 2020.

F6 · derivative.expiration_date: The restricted stock units vested 100% on February 6, 2020.

Read SEC document
February 06, 2020 Filed Feb 7, 2020 23:45 UTC SaleCommon Stock 40 $58.89 $2,355.60
Disclosure

SEC source: 0000937098-20-000047 · wf-form4_158111909042417.xml · nonDerivative · entry 6

BINGHAM H RAYMOND · CIK 0001181467 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 133,965

F1 · kind: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F3 · ownership.nature: Reporting Person is the Trustee and has voting and investment power over the shares held by the H. Raymond Bingham Living Trust.

Read SEC document
February 06, 2020 Filed Feb 7, 2020 23:45 UTC SaleCommon Stock 585 $58.23 $34,067.30
Disclosure

SEC source: 0000937098-20-000047 · wf-form4_158111909042417.xml · nonDerivative · entry 5

BINGHAM H RAYMOND · CIK 0001181467 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 134,005

F1 · kind: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F5 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.89 to $58.76, 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.

F3 · ownership.nature: Reporting Person is the Trustee and has voting and investment power over the shares held by the H. Raymond Bingham Living Trust.

Read SEC document
February 06, 2020 Filed Feb 7, 2020 23:45 UTC GiftCommon Stock 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000047 · wf-form4_158111909042417.xml · nonDerivative · entry 4

BINGHAM H RAYMOND · CIK 0001181467 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 134,590

F3 · ownership.nature: Reporting Person is the Trustee and has voting and investment power over the shares held by the H. Raymond Bingham Living Trust.

Read SEC document
February 06, 2020 Filed Feb 7, 2020 23:45 UTC GiftCommon Stock 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000047 · wf-form4_158111909042417.xml · nonDerivative · entry 3

BINGHAM H RAYMOND · CIK 0001181467 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Read SEC document
February 06, 2020 Filed Feb 7, 2020 23:45 UTC Exercise / conversionCommon Stock 4,318 Not disclosed Not disclosed
Disclosure

SEC source: 0000937098-20-000047 · wf-form4_158111909042417.xml · nonDerivative · entry 2

BINGHAM H RAYMOND · CIK 0001181467 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,318

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

Read SEC document
February 06, 2020 Filed Feb 11, 2020 02:05 UTC Exercise / conversionRestricted Stock Units · Derivative 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000063 · wf-form4_158138670063948.xml · derivative · entry 7

Babinec Martin · CIK 0001596741 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,318 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F10 · derivative.exercise_date: The restricted stock units vested 100% on February 6, 2020.

F10 · derivative.expiration_date: The restricted stock units vested 100% on February 6, 2020.

Read SEC document
February 06, 2020 Filed Feb 11, 2020 02:05 UTC SaleCommon Stock 904 $59.44 $53,731.95
Disclosure

SEC source: 0000937098-20-000063 · wf-form4_158138670063948.xml · nonDerivative · entry 3

Babinec Martin · CIK 0001596741 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 2,916,878

F2 · kind: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F5 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.40 to $59.52, 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.

F4 · ownership.nature: Shares are held directly by Martin and Krista Babinec, Trustees of The Babinec Family Trust. Reporting Person is a Trustee and has sole voting and investment power over the shares held by The Babinec Family Trust.

Read SEC document
February 06, 2020 Filed Feb 11, 2020 02:05 UTC SaleCommon Stock 3,414 $58.84 $200,882.83
Disclosure

SEC source: 0000937098-20-000063 · wf-form4_158138670063948.xml · nonDerivative · entry 2

Babinec Martin · CIK 0001596741 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 2,917,782

F2 · kind: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F3 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.26 to $59.22, 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.

F4 · ownership.nature: Shares are held directly by Martin and Krista Babinec, Trustees of The Babinec Family Trust. Reporting Person is a Trustee and has sole voting and investment power over the shares held by The Babinec Family Trust.

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February 06, 2020 Filed Feb 11, 2020 02:05 UTC Exercise / conversionCommon Stock 4,318 Not disclosed Not disclosed
Disclosure

SEC source: 0000937098-20-000063 · wf-form4_158138670063948.xml · nonDerivative · entry 1

Babinec Martin · CIK 0001596741 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,318

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

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February 06, 2020 Filed Feb 11, 2020 00:27 UTC Exercise / conversionRestricted Stock Units · Derivative 211 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000060 · wf-form4_158138080838508.xml · derivative · entry 2

GUERTIN SHAWN M · CIK 0001231553 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 211 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F2 · derivative.exercise_date: The restricted stock units vested 100% on February 6, 2020.

F2 · derivative.expiration_date: The restricted stock units vested 100% on February 6, 2020.

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February 06, 2020 Filed Feb 11, 2020 00:27 UTC Exercise / conversionCommon Stock 211 Not disclosed Not disclosed
Disclosure

SEC source: 0000937098-20-000060 · wf-form4_158138080838508.xml · nonDerivative · entry 1

GUERTIN SHAWN M · CIK 0001231553 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 211

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

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February 06, 2020 Filed Feb 11, 2020 00:26 UTC Exercise / conversionRestricted Stock Units · Derivative 6,477 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000059 · wf-form4_158138078671169.xml · derivative · entry 3

HODGSON DAVID C · CIK 0001193346 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 6,477 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F3 · derivative.exercise_date: The restricted stock units vested 100% on February 6, 2020.

F3 · derivative.expiration_date: The restricted stock units vested 100% on February 6, 2020.

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February 06, 2020 Filed Feb 11, 2020 00:26 UTC Exercise / conversionCommon Stock 6,477 Not disclosed Not disclosed
Disclosure

SEC source: 0000937098-20-000059 · wf-form4_158138078671169.xml · nonDerivative · entry 2

HODGSON DAVID C · CIK 0001193346 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 107,968

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F2 · balance_after: The reporting person no longer has a reportable beneficial interest in 465 shares of TNET common stock owned by his son and included in the reporting person's prior ownership reports.

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February 06, 2020 Filed Feb 11, 2020 00:27 UTC Exercise / conversionRestricted Stock Units · Derivative 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000061 · wf-form4_158138082953679.xml · derivative · entry 6

GOLDMAN KENNETH A · CIK 0001218470 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,318 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F3 · derivative.exercise_date: The restricted stock units vested 100% on February 6, 2020.

F3 · derivative.expiration_date: The restricted stock units vested 100% on February 6, 2020.

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February 06, 2020 Filed Feb 11, 2020 00:27 UTC GiftCommon Stock 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000061 · wf-form4_158138082953679.xml · nonDerivative · entry 3

GOLDMAN KENNETH A · CIK 0001218470 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Goldman-Valeriote Family Trust

Disclosed balance after: 87,081

F2 · ownership.nature: The reporting person is a Co-Trustee of the Goldman-Valeriote Family Trust dtd 11/15/95 and shares voting and dispositive power over the shares held by the trust.

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February 06, 2020 Filed Feb 11, 2020 00:27 UTC GiftCommon Stock 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000061 · wf-form4_158138082953679.xml · nonDerivative · entry 2

GOLDMAN KENNETH A · CIK 0001218470 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

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February 06, 2020 Filed Feb 11, 2020 00:27 UTC Exercise / conversionCommon Stock 4,318 Not disclosed Not disclosed
Disclosure

SEC source: 0000937098-20-000061 · wf-form4_158138082953679.xml · nonDerivative · entry 1

GOLDMAN KENNETH A · CIK 0001218470 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,318

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

Read SEC document
February 06, 2020 Filed Feb 11, 2020 00:26 UTC Exercise / conversionRestricted Stock Units · Derivative 211 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000058 · wf-form4_158138076558295.xml · derivative · entry 2

KOSECOFF JACQUELINE B · CIK 0001209524 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 211 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F2 · derivative.exercise_date: The restricted stock units vested 100% on February 6, 2020.

F2 · derivative.expiration_date: The restricted stock units vested 100% on February 6, 2020.

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February 06, 2020 Filed Feb 11, 2020 00:26 UTC Exercise / conversionCommon Stock 211 Not disclosed Not disclosed
Disclosure

SEC source: 0000937098-20-000058 · wf-form4_158138076558295.xml · nonDerivative · entry 1

KOSECOFF JACQUELINE B · CIK 0001209524 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 211

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

Read SEC document
February 06, 2020 Filed Feb 11, 2020 00:26 UTC Exercise / conversionRestricted Stock Units · Derivative 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000057 · wf-form4_158138074408169.xml · derivative · entry 5

LOWELL WAYNE B · CIK 0001263523 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,318 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F3 · derivative.exercise_date: The restricted stock units vested 100% on February 6, 2020.

F3 · derivative.expiration_date: The restricted stock units vested 100% on February 6, 2020.

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February 06, 2020 Filed Feb 11, 2020 00:26 UTC GiftCommon Stock 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000057 · wf-form4_158138074408169.xml · nonDerivative · entry 4

LOWELL WAYNE B · CIK 0001263523 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 96,742

F1 · ownership.nature: The reporting person is a trustee and shares voting and dispositive power over the shares held by the Lowell Revocable Living Trust.

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February 06, 2020 Filed Feb 11, 2020 00:26 UTC GiftCommon Stock 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000057 · wf-form4_158138074408169.xml · nonDerivative · entry 3

LOWELL WAYNE B · CIK 0001263523 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

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February 06, 2020 Filed Feb 11, 2020 00:26 UTC Exercise / conversionCommon Stock 4,318 Not disclosed Not disclosed
Disclosure

SEC source: 0000937098-20-000057 · wf-form4_158138074408169.xml · nonDerivative · entry 2

LOWELL WAYNE B · CIK 0001263523 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,318

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

Read SEC document
February 06, 2020 Filed Feb 11, 2020 00:25 UTC Exercise / conversionRestricted Stock Units · Derivative 4,318 $0.00 $0.00
Disclosure

SEC source: 0000937098-20-000056 · wf-form4_158138072156726.xml · derivative · entry 2

Chamberlain Paul Edward · CIK 0001659774 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,318 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

F2 · derivative.exercise_date: The restricted stock units vested 100% on February 6, 2020.

F2 · derivative.expiration_date: The restricted stock units vested 100% on February 6, 2020.

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February 06, 2020 Filed Feb 11, 2020 00:25 UTC Exercise / conversionCommon Stock 4,318 Not disclosed Not disclosed
Disclosure

SEC source: 0000937098-20-000056 · wf-form4_158138072156726.xml · nonDerivative · entry 1

Chamberlain Paul Edward · CIK 0001659774 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,561

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted stock units convert to common stock of TNET on a one-to-one basis.

Read SEC document
February 06, 2020 Filed Feb 10, 2020 23:08 UTC
AGI-T, L.P.Director · 10% owner
Angelakis Michael JDirector · 10% owner
A-A SMA, L.P.10% owner
Exercise / conversionRestricted Stock Units · Derivative 4,318 $0.00 $0.00
Disclosure

SEC source: 0000950103-20-002594 · dp121100_4-agitlp.xml · derivative · entry 4

AGI-T, L.P. · CIK 0001694481 · Director · 10% owner

Angelakis Michael J · CIK 0001393014 · Director · 10% owner

Atairos Partners GP, Inc. · CIK 0001671176 · 10% owner

Atairos Partners, L.P. · CIK 0001671185 · 10% owner

Atairos Group, Inc. · CIK 0001671122 · 10% owner

A-T Holdings GP, LLC · CIK 0001694477 · 10% owner

A-A SMA, L.P. · CIK 0001697046 · 10% owner

A-A SMA GP, LLC · CIK 0001697053 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 0

Underlying: Common Stock · 4,318 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted Stock Units convert into common stock of the Issuer, par value $0.000025 per share ("Common Stock"), on a one-for-one basis.

F6 · derivative.exercise_date: The Restricted Stock Units vested 100% on February 6, 2020.

F6 · derivative.expiration_date: The Restricted Stock Units vested 100% on February 6, 2020.

F2 · ownership.nature: Reflects shares of Common Stock directly beneficially owned by Michael J. Angelakis, which were 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 · ownership.nature: 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. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.

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February 06, 2020 Filed Feb 10, 2020 23:08 UTC
AGI-T, L.P.Director · 10% owner
Angelakis Michael JDirector · 10% owner
A-A SMA, L.P.10% owner
Exercise / conversionCommon Stock 4,318 Not disclosed Not disclosed
Disclosure

SEC source: 0000950103-20-002594 · dp121100_4-agitlp.xml · nonDerivative · entry 1

AGI-T, L.P. · CIK 0001694481 · Director · 10% owner

Angelakis Michael J · CIK 0001393014 · Director · 10% owner

Atairos Partners GP, Inc. · CIK 0001671176 · 10% owner

Atairos Partners, L.P. · CIK 0001671185 · 10% owner

Atairos Group, Inc. · CIK 0001671122 · 10% owner

A-T Holdings GP, LLC · CIK 0001694477 · 10% owner

A-A SMA, L.P. · CIK 0001697046 · 10% owner

A-A SMA GP, LLC · CIK 0001697053 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 16,831

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted Stock Units convert into common stock of the Issuer, par value $0.000025 per share ("Common Stock"), on a one-for-one basis.

F2 · ownership.nature: Reflects shares of Common Stock directly beneficially owned by Michael J. Angelakis, which were 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 · ownership.nature: 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. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.

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February 05, 2020 Filed Feb 7, 2020 23:45 UTC SaleCommon Stock 625 $59.35 $37,091.69
Disclosure

SEC source: 0000937098-20-000047 · wf-form4_158111909042417.xml · nonDerivative · entry 1

BINGHAM H RAYMOND · CIK 0001181467 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 130,272

F1 · kind: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F2 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.88 to $59.73, 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.

F3 · ownership.nature: Reporting Person is the Trustee and has voting and investment power over the shares held by the H. Raymond Bingham Living Trust.

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February 03, 2020 Filed Feb 5, 2020 23:04 UTC SaleCommon Stock 250 $57.44 $14,360.00
Disclosure

SEC source: 0000937098-20-000035 · wf-form4_158094383246425.xml · nonDerivative · entry 1

Chamberlain Paul Edward · CIK 0001659774 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,243

F1 · kind: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

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January 23, 2020 Filed Jan 24, 2020 22:03 UTC SaleCommon Stock 625 $57.09 $35,680.81
Disclosure

SEC source: 0000937098-20-000033 · wf-form4_157990338971935.xml · nonDerivative · entry 2

BINGHAM H RAYMOND · CIK 0001181467 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 130,897

F1 · kind: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F4 · price: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.82 to $57.47, 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.

F3 · ownership.nature: Reporting Person is a Trustee and has voting and investment power over the shares held by the H. Raymond Bingham Living Trust.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.