¨ | Rule 13d-1(b) | |
¨ | Rule 13d-1(c) | |
ý | Rule 13d-1(d) |
CUSIP No. 896288 107 |
1. | Names of Reporting Persons Martin Babinec | |||
2. | Check the Appropriate Box if a Member of a Group (see instructions) | |||
(a) ¨ | ||||
(b) ¨ | ||||
3. | SEC USE ONLY | |||
4. | Citizenship or Place of Organization United States | |||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power 3,871,072 shares | ||
6. | Shared Voting Power 759,369 shares | |||
7. | Sole Dispositive Power 3,871,072 shares | |||
8. | Shared Dispositive Power 759,369 shares | |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 4,630,441 shares | |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) ¨ | |||
11. | Percent of Class Represented by Amount in Row 9 6.66% | |||
12. | Type of Reporting Person (see instructions) IN |
CUSIP No. 896288 107 |
1. | Names of Reporting Persons Martin and Krista Babinec, Trustees of The Babinec Family Trust | |||
2. | Check the Appropriate Box if a Member of a Group (see instructions) | |||
(a) ¨ | ||||
(b) ¨ | ||||
3. | SEC USE ONLY | |||
4. | Citizenship or Place of Organization United States | |||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power 3,730,496 shares | ||
6. | Shared Voting Power Not applicable. | |||
7. | Sole Dispositive Power 3,730,496 shares | |||
8. | Shared Dispositive Power Not applicable. | |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 3,730,496 shares | |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) ¨ | |||
11. | Percent of Class Represented by Amount in Row 9 5.37% | |||
12. | Type of Reporting Person (see instructions) OO |
CUSIP No. 896288 107 |
1. | Names of Reporting Persons Babinec 2008 Children’s Trust | |||
2. | Check the Appropriate Box if a Member of a Group (see instructions) | |||
(a) ¨ | ||||
(b) ¨ | ||||
3. | SEC USE ONLY | |||
4. | Citizenship or Place of Organization United States | |||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power Not applicable. | ||
6. | Shared Voting Power 759.369 shares | |||
7. | Sole Dispositive Power Not applicable. | |||
8. | Shared Dispositive Power 759.369 shares | |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 759.369 shares | |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) ¨ | |||
11. | Percent of Class Represented by Amount in Row 9 1.09% | |||
12. | Type of Reporting Person (see instructions) OO |
CUSIP No. 896288 107 |
1. | Names of Reporting Persons Babinec Foundation, Inc. | |||
2. | Check the Appropriate Box if a Member of a Group (see instructions) | |||
(a) ¨ | ||||
(b) ¨ | ||||
3. | SEC USE ONLY | |||
4. | Citizenship or Place of Organization United States | |||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power 99,540 shares | ||
6. | Shared Voting Power Not applicable. | |||
7. | Sole Dispositive Power 99,540 shares | |||
8. | Shared Dispositive Power Not applicable. | |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 99,540 shares | |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) ¨ | |||
11. | Percent of Class Represented by Amount in Row 9 0.14% | |||
12. | Type of Reporting Person (see instructions) CO |
CUSIP No. 896288 107 |
1. | Names of Reporting Persons William and Elizabeth Babinec Family Charity Trust | |||
2. | Check the Appropriate Box if a Member of a Group (see instructions) | |||
(a) ¨ | ||||
(b) ¨ | ||||
3. | SEC USE ONLY | |||
4. | Citizenship or Place of Organization United States | |||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power 33,448 shares | ||
6. | Shared Voting Power Not applicable. | |||
7. | Sole Dispositive Power 33,448 shares | |||
8. | Shared Dispositive Power Not applicable. | |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 33,448 shares | |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) ¨ | |||
11. | Percent of Class Represented by Amount in Row 9 0.05% | |||
12. | Type of Reporting Person (see instructions) OO |
Item 1(a). | Name of Issuer: TriNet Group, Inc. |
Item 1(b). | Address of Issuer’s Principal Executive Offices: 1100 San Leandro Blvd., Ste. 400, San Leandro, CA 94577 |
Item 2(a). | Name of Person Filing: Martin Babinec Martin and Krista Babinec, Trustees of The Babinec Family Trust (“Family Trust”) Babinec 2008 Children’s Trust (“Children’s Trust”) Babinec Foundation, Inc. (“Foundation”) William and Elizabeth Babinec Family Charity Trust (“Charity Trust”) |
Item 2(b). | Address of Principal Business Office or, if none, Residence: The address and principal business office of the Reporting Person is: c/o TriNet Group, Inc. 1100 San Leandro Blvd., Ste. 400 San Leandro, CA 94577 |
Item 2(c). | Citizenship: Martin Babinec – US citizen Family Trust – New York Children’s Trust – New York Foundation – New York Charity Trust – New York |
Item 2(d). | Title of Class of Securities: Common Stock |
Item 2(e). | CUSIP Number: 896288 107 |
Item 3. | If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); |
(b) | ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) | ¨ Insurance company as defined in section 3(a)19) of the Act (15 U.S.C. 78c); |
(d) | ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
(e) | ¨ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
(f) | ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
(g) | ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); |
(h) | ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
(i) | ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
(j) | ¨ A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J); |
(k) | ¨ Group, in accordance with §240.13d–1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution: ____ |
Item 4. | Ownership |
(a) | Amount Beneficially Owned: See Cover Page Item 9 for each Reporting Person, which reflects each such Reporting Person’s aggregate beneficial ownership as of December 31, 2017. The filing of this Schedule 13G shall not be construed as an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any of the shares reported herein. |
(b) | Percent of Class: See Cover Page Item 11 for each Reporting Person’s percentage ownership as of December 31, 2017. Such percentages are based on 69,492,862 shares of Common Stock outstanding, which is the total number of shares outstanding as of October 24, 2017 as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 2, 2017 and 7,588 shares of Common Stock issuable pursuant to vesting of restricted stock units within 60 days of December 31, 2017. |
(c) | The number of shares that each Reporting Person has sole or shared power to vote or direct to vote or to dispose or to direct the disposition of: See Cover Page Items 5-9 for each Reporting Person. |
Item 5. | Ownership of 5 Percent or Less of a Class |
Item 6. | Ownership of More than 5 Percent on Behalf of Another Person |
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. |
Item 8. | Identification and Classification of Members of the Group |
Item 9. | Notice of Dissolution of a Group |
Item 10. | Certification |
February 13, 2018 | |
Date | |
/s/ Martin Babinec | |
Martin Babinec | |
Individually, as Trustee of The Babinec Family Trust, as Trustee of the William and Elizabeth Babinec Family Charity Trust, on behalf of Babinec 2008 Children’s Trust and as Director of Babinec Foundation, Inc. |