TRINET GROUP, INC. TNET
Odd lots go first
Read automatically from the filing
| Status | Closed |
|---|---|
| Closing date | 2023-08-28 |
| How it is priced | Fixed price |
| Odd-lot threshold | Fewer than 100 shares |
| Must tender everything you hold | Yes |
| Must tick the odd-lot box on the form | Yes |
| Price offered | USD $107.00 per share |
| Most an odd-lot tender could be | $10,593.00 |
Where each of these comes from
Every line above was read out of the filing. Here is the wording it was read from, so you can check it.
election_required = True...I tender all of my shares, will I be subject to proration? If you own, beneficially or of record, fewer than an aggregate of 100 shares, and you properly tender all of such shares prior to the Expiration Date (and do not properly withdraw such shares) and you complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery, and all conditions to the tender offer are satisfied or waived, we will purchase all of your shares without subjecting them to proration. See Section 1. 7 TABLE OF CONTENTS Can I change my mind after I have tendered shares in the tender offer, but before the Expiration Date? Yes....
expiry = 2023-08-28..., INC. Offer to Purchase for Cash Up to 5,981,308 Shares of its Common Stock At a Purchase Price of $107.00 Per Share CUSIP: 896288107 THE TENDER OFFER, THE PRORATION PERIOD AND WITHDRAWAL RIGHTS EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, AT THE END OF THE DAY ON AUGUST 28, 2023, UNLESS THE TENDER OFFER IS EXTENDED OR TERMINATED. TriNet Group, Inc., a Delaware corporation (“TriNet,” the “Company,” “we,” “us,” or “our”), hereby offers to purchase for cash up to 5,981,308 shares of its issued and outstanding com...
listed = True...lders. See Section 5. THE TENDER OFFER IS NOT CONDITIONED ON ANY MINIMUM NUMBER OF SHARES BEING TENDERED. THE TENDER OFFER IS, HOWEVER, SUBJECT TO OTHER CONDITIONS, INCLUDING THE FINANCING CONDITION (AS DEFINED BELOW). SEE SECTION 7. Our shares are listed and traded on the New York Stock Exchange (“NYSE”) under the trading symbol “TNET.” On July 31, 2023, the last full trading day prior to the commencement of the tender offer, the last reported sale price of the shares on the NYSE was $105.23 per share. You are urged to obtain current market quotations for the shares. See Section 8. If the tender offer is not fully subscribed, but at le...
mechanism = FIXEDEX-99.(A)(1)(I) 2 tm2321952d1_99-a1i.htm EX-(A)(1)(I) tm2321952-1_sctoi_DIV_02-exa1i - none - 9.8539679s TABLE OF CONTENTS Exhibit (a)(1)(i) TRINET GROUP, INC. Offer to Purchase for Cash Up to 5,981,308 Shares of its Common Stock At a Purchase Price of $107.00 Per Share CUSIP: 896288107 THE TENDER OFFER, THE PRORATION PERIOD AND WITHDRAWAL RIGHTS EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, AT THE END OF THE DAY ON AUGUST 28, 2023, UNLESS THE TENDER OFFER IS EXTENDED OR TERMINATED. TriNet Group, Inc., a Delaware corporation (“TriNet,” the “Company,” “we,” “us,” or “our”), hereby offers to purch...
must_tender_all = True...ed and more than 5,981,308 shares have been properly tendered and not properly withdrawn prior to the Expiration Date, we will purchase shares in the following order of priority: • first, from all stockholders of “odd lots” (holders of fewer than 100 shares) who properly tender all of their shares, complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, the Notice of Guaranteed Delivery and do not properly withdraw them prior to the Expiration Date; • second, subject to the conditional tender provisions described in Section 6, on a pro rata basis, with appropriate adjustments to avoid purchases...
price = USD 107.0...2321952-1_sctoi_DIV_02-exa1i - none - 9.8539679s TABLE OF CONTENTS Exhibit (a)(1)(i) TRINET GROUP, INC. Offer to Purchase for Cash Up to 5,981,308 Shares of its Common Stock At a Purchase Price of $107.00 Per Share CUSIP: 896288107 THE TENDER OFFER, THE PRORATION PERIOD AND WITHDRAWAL RIGHTS EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, AT THE END OF THE DAY ON AUGUST 28, 2023, UNLESS THE TENDER OFFER IS EXTENDED OR TERMINATED...
priority = True...ly withdrawn. If the conditions to the tender offer have been satisfied or waived and more than 5,981,308 shares have been properly tendered and not properly withdrawn prior to the Expiration Date, we will purchase shares in the following order of priority: • first, from all stockholders of “odd lots” (holders of fewer than 100 shares) who properly tender all of their shares, complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, the Notice of Guaranteed Delivery and do not properly withdraw them prior to the Expiration Date; • second, subject to the conditional tender provisions described in Section 6, on a pro rata basis,...
threshold = 100...iros will continue to own approximately 36% of our outstanding shares following the closing of the tender offer and Repurchase Agreement, as discussed in more detail below. Upon the terms and subject to the conditions of this Offer to Purchase (including any “odd lot” (holders of fewer than 100 shares) priority, proration and conditional tender provisions of this Offer to Purchase), we will pay the Purchase Price for shares properly tendered and not properly withdrawn pursuant to the tender offer, taking into account the total number of shares tendered. Upon the terms and subject to the conditions of the tender offer, if less than 5,9...
txn_type = TENDER_OFFEREX-99.(A)(1)(I) 2 tm2321952d1_99-a1i.htm EX-(A)(1)(I) tm2321952-1_sctoi_DIV_02-exa1i - none - 9.8539679s TABLE OF CONTENTS Exhibit (a)(1)(i) TRINET GROUP, INC. Offer to Purchase for Cash Up to 5,981,308 Shares of its Common Stock At a Purchase Price of $107.00 Per Share CUSIP: 896288107 THE TENDER OFFER, THE PRORATION PERIOD AND WITHDRAWAL RIGHTS EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, AT THE END OF THE DAY ON AUGUST 28, 2023, UNLESS THE TENDER OFFER IS EXTENDED OR TERMINATED. TriNet Group, Inc., a...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2023-08-01 | SC TO-I | original (governing) | View |