Simonds Michael Q bought TNET
March 15, 2024 · Form 4 insider transaction
Simonds Michael Q bought 33,427 shares of TriNet Group, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Represents a grant of a restricted stock unit award. The restricted stock unit award is subject to a 4-year vesting schedule: one-fourth of the total number of shares vesting on the 15th day of the second month following the one-year anniversary of the grant date, and one-sixteenth of the total number of shares vesting on the 15th day of the second month of each of the twelve calendar quarters thereafter. The restricted stock unit award is also subject to accelerated vesting upon certain events.; 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.