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 4,237,036 shares(1) | ||
6. | Shared Voting Power 855,724 shares(1) | |||
7. | Sole Dispositive Power 4,237,036 shares(1) | |||
8. | Shared Dispositive Power 855,724 shares(1) | |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 5,092,760 shares(1) | |||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) ¨ | |||
11. | Percent of Class Represented by Amount in Row 9 7.24%(2) | |||
12. | Type of Reporting Person (see instructions) IN |
(1) | Includes 4,211,020 shares of Issuer’s Common Stock held by Martin and Krista Babinec, Trustees of The Babinec Family Trust, 855,724 shares held by Babinec 2008 Children’s Trust, 20,000 shares held by Babinec Foundation, Inc. and 6,016 shares of Common Stock issuable pursuant to vesting of restricted stock units within 60 days of December 31, 2015. Reporting Person exercises sole voting and dispositive power over the shares held by The Babinec Family Trust and Babinec Foundation, Inc., and shares voting and dispositive power over the shares held by Babinec 2008 Children’s Trust. |
(2) | Based on 70,371,425 shares of Common Stock outstanding on December 31, 2015. |
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 4,211,020 shares | ||
6. | Shared Voting Power Not applicable. | |||
7. | Sole Dispositive Power 4,211,020 shares | |||
8. | Shared Dispositive Power Not applicable. | |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 4,211,020 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 5.98%(1) | |||
12. | Type of Reporting Person (see instructions) OO |
(1) | Based on 70,371,425 shares of Common Stock outstanding on December 31, 2015. |
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 855,724 shares | |||
7. | Sole Dispositive Power Not applicable. | |||
8. | Shared Dispositive Power 855,724 shares | |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 855,724 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 1.22%(1) | |||
12. | Type of Reporting Person (see instructions) OO |
(1) | Based on 70,371,425 shares of Common Stock outstanding on December 31, 2015. |
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 20,000 shares | ||
6. | Shared Voting Power Not applicable. | |||
7. | Sole Dispositive Power 20,000 shares | |||
8. | Shared Dispositive Power Not applicable. | |||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person 20,000 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 0.03%(1) | |||
12. | Type of Reporting Person (see instructions) CO |
(1) | Based on 70,371,425 shares of Common Stock outstanding on December 31, 2015. |
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”) |
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 |
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) | o Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); |
(b) | o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) | o Insurance company as defined in section 3(a)19) of the Act (15 U.S.C. 78c); |
(d) | o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
(e) | o An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
(f) | o An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
(g) | o A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); |
(h) | o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
(i) | o 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) | o A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J); |
(k) | o 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: |
Martin Babinec | 5,092,760 shares(1) |
Family Trust | 4,211,020 shares |
Children’s Trust | 855,724 shares |
Foundation | 20,000 shares |
Martin Babinec | 7.24%(2)(3) |
Family Trust | 5.98%(2) |
Children’s Trust | 1.22%(2) |
Foundation | 0.03%(2) |
(c) | Number of shares as to which the person has: |
(i) | Sole power to vote or to direct the vote: |
Martin Babinec | 4,237,036 shares(1) |
Family Trust | 4,211,020 shares |
Foundation | 20,000 shares |
(ii) | Shared power to vote or to direct the vote: |
Children’s Trust | 855,724 shares |
(iii) | Sole power to dispose or to direct the disposition of: |
Martin Babinec | 4,237,036 shares(1) |
Family Trust | 4,211,020 shares |
Foundation | 20,000 shares |
(iv) | Shared power to dispose or to direct the disposition of: |
Children’s Trust | 855,724 shares |
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 16, 2016 | |
Date | |
/s/ Martin Babinec | |
Martin Babinec | |
Individually, as Trustee of the Babinec Family Trust, on behalf of Babinec 2008 Children's Trust and as Director of Babinec Foundation, Inc. |