eh1500257_13g-trinetgroup.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No.)*

TriNet Group, Inc.
(Name of Issuer)

Common Stock, par value $0.000025 per share
(Title of Class of Securities)

896288107
(CUSIP Number)

December 31, 2014
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
 
o
Rule 13d-1(b)
 
o
Rule 13d-1(c)
 
x
Rule 13d-1(d)

 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 


 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 2 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
General Atlantic LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
OO
  
 
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 3 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
General Atlantic GenPar, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
PN
  


 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 4 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
General Atlantic Partners 84, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
PN
  


 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 5 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
General Atlantic Partners 79, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
PN
  

 

 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 6 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
GAP-W, LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
OO
  

 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 7 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
GAP Coinvestments CDA, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
PN
  
 
 
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 8 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
GapStar, LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
OO
  
 
 
 


 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 9 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
GAP Coinvestments III, LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
OO
  
 
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 10 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
GAP Coinvestments IV, LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
CO
  
 
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 11 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
GAPCO Management GmbH
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Germany
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
OO
  
 
  

 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 12 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
GAPCO GmbH & Co. KG
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Germany
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
PN
  
 
  

 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 13 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
GA TriNet, LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
OO
  
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 14 of 22 pages
 
 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
HR Acquisitions, LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
20,091,312
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
20,091,312
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,091,312
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
  
12
TYPE OF REPORTING PERSON
 
OO
  
 
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 15 of 22 pages
 
 
Item 1.
(a)
NAME OF ISSUER
     
   
TriNet Group, Inc. (the “Company”).
     
 
(b)
ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES
     
   
1100 San Leandro Blvd., Suite 400
San Leandro, CA 94577
     
Item 2.
(a)
NAMES OF PERSONS FILING

This Statement is being filed on behalf of each of the following persons (collectively, the “Reporting Persons”)

 
(i)
General Atlantic LLC (“GA LLC”);
     
 
(ii)
General Atlantic GenPar, L.P. (“GA GenPar”);
     
 
(iii)
General Atlantic Partners 84, L.P. (“GAP 84”);
     
 
(iv)
General Atlantic Partners 79, L.P. (“GAP 79”);
     
 
(v)
GAP-W, LLC (“GAP-W”);
     
 
(vi)
GAP Coinvestments CDA, L.P. (“CDA”);
     
 
(vii)
GapStar, LLC (“GapStar”);
     
 
(viii)
GAP Coinvestments III, LLC (“GAPCO III”);
     
 
(ix)
GAP Coinvestments IV, LLC (“GAPCO IV”);
     
 
(x)
GAPCO Management GmbH (“GmbH”);
     
 
(xi)
GAPCO GmbH & Co. KG (“KG”);
     
 
(xii)
GA TriNet, LLC (“GA TriNet”); and
 
 
(xiii)
 
HR Acquisitions, LLC (“HR Acquisitions”).
     
     

 
(b)
ADDRESS OF PRINCIPAL BUSINESS OFFICE
 
c/o General Atlantic Service Company, LLC
55 East 52nd Street, 32nd Floor
New York, NY 10055
 
 
(c)
CITIZENSHIP

 
(i)
GA LLC - Delaware
     
 
(ii)
GA GenPar - Delaware
     
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 16 of 22 pages
 
 
 
(iii)
GAP 84 - Delaware
     
 
(iv)
GAP 79 - Delaware
     
 
(v)
GAP-W - Delaware
     
 
(vi)
CDA - Delaware
     
 
(vii)
GapStar - Delaware
     
 
(viii)
GAPCO III - Delaware
     
 
(ix)
GAPCO IV - Delaware
     
 
(x)
GmbH - Germany
     
 
(xi)
KG - Germany
     
 
(xii)
GA TriNet - Delaware
     
 
(xiii)
HR Acquisitions - Delaware

 
(d)
TITLE OF CLASS OF SECURITIES

Common Stock, par value $0.000025 per share (the “Shares”).

 
(e)
CUSIP NUMBER

896288107

Item 3.
IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS:

Not applicable.


Item 4.
OWNERSHIP.

As of December 31, 2014, the Reporting Persons owned the following number of shares:

(i)
GA LLC owned of record no Shares or 0.0% of the issued and outstanding Shares.
(ii)
GA GenPar owned of record no Shares or 0.0% of the issued and outstanding Shares.
(iii)
GAP 84 owned of record no Shares or 0.0% of the issued and outstanding Shares.
(iv)
GAP 79 owned of record no Shares or 0.0% of the issued and outstanding Shares.
(v)
GAP-W owned of record no Shares or 0.0% of the issued and outstanding Shares.
(vi)
CDA owned of record no Shares or 0.0% of the issued and outstanding Shares.
(vii)
GapStar owned of record no Shares or 0.0% of the issued and outstanding Shares.
(viii)
GAPCO III owned of record no Shares or 0.0% of the issued and outstanding Shares.
(ix)
GAPCO IV owned of record no Shares or 0.0% of the issued and outstanding Shares.
(x)
GmbH owned of record no Shares or 0.0% of the issued and outstanding Shares.
(xi)
KG owned of record no Shares or 0.0% of the issued and outstanding Shares.
(xii)
GA TriNet owned of record 18,972,325 Shares or 27.26% of the issued and outstanding Shares.
(xii)
HR Acquisitions owned of record 1,118,987 Shares or 1.61% of the issued and outstanding Shares.
 
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 17 of 22 pages
 

GA LLC is the general partner of GA GenPar, which is the general partner of GAP 84 and the manager of GAP-W. GA LLC is the general partner of CDA and the managing member of GAPCO III and GAPCO IV. GmbH is the general partner of KG. The members and officers of GapStar are certain Managing Directors of GA LLC. The Managing Directors of GA LLC make voting and investment decisions with respect to the securities held by KG and GmbH. As of the date hereof, there are 23 Managing Directors of GA LLC. Each of the Managing Directors of GA LLC disclaims ownership of the Shares except to the extent he has a pecuniary interest therein. GAP 79, GAP 84, GAP-W, CDA, GapStar, GAPCO III, GAPCO IV and KG are members of GA TriNet. GAP 84, GAP-W, CDA, GapStar, GAPCO III, GAPCO IV and KG are members of HR Acquisitions. By virtue of the foregoing, the Reporting Persons may be deemed to share voting power and the power to direct the disposition of the Shares that each owns of record. GA LLC, GA GenPar, GAP 84, GAP 79, GAP-W, CDA, GapStar, GAPCO III, GAPCO IV, GmbH, KG, GA TriNet and HR Acquisitions are a “group” within the meaning of Rule 13d-5 promulgated under the Securities Exchange Act of 1934, as amended and may be deemed to beneficially own the number of Shares indicated below.

Amount Beneficially Owned:

By virtue of the relationship described above, each of the Reporting Persons may be deemed to beneficially own 20,091,312 Shares.

Percentage Owned:

Based on calculations made in accordance with Rule 13d-3(d), and there being 69,596,136 Shares outstanding as of October 31, 2014 as reported in the Company’s Form 10-Q (File No. 001-35108) filed with the Securities and Exchange Commission on November 6, 2014, each of the Reporting Persons may be deemed to beneficially own approximately 28.9% of the outstanding Shares.
 
Number of Shares as to Which Such Person Has Sole/Shared Power to Vote or to Direct the Vote and Sole/Shared Power to Dispose or to Direct the Disposition of:
 
(i)  
Each of the Reporting Persons may be deemed to have the sole power to direct the voting and dispositions of the Shares set forth on such Reporting Person’s cover page included herein.

(ii)  
Each of the Reporting Persons may be deemed to share the power to direct the voting and dispositions of the 20,091,312 Shares that may be deemed to be owned beneficially by each of them.

 
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 18 of 22 pages
 

 
 
Item 5.
OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

If this statement is being filed to report the fact that as of the date hereof the Reporting Person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [_].


Item 6.
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

Not applicable.


Item 7.
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

Not applicable.


Item 8.
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

See Item 4, which states the identity of the members of the group filing this Schedule 13G.


Item 9.
NOTICE OF DISSOLUTION OF GROUP

Not applicable.


Item 10.
CERTIFICATION

Not applicable.
 
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 19 of 22 pages
 


Exhibit Index

Exhibit 1.
Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.  (Filed herewith).

 
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 20 of 22 pages
 
SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated as of February 13, 2015

 
GENERAL ATLANTIC LLC
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
         
     
 
GENERAL ATLANTIC GENPAR, L.P.
  
       
 
By:
General Atlantic LLC, its General Partner
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
         
         
 
GENERAL ATLANTIC PARTNERS 84, L.P.
  
       
 
By:
General Atlantic GenPar, L.P., its General Partner
  
       
 
By:
General Atlantic LLC, its General Partner
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
       
 
 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 21 of 22 pages
 
 
         
         
 
GENERAL ATLANTIC PARTNERS 79, L.P.
  
       
 
By:
General Atlantic LLC, its General Partner
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
       
 
 
GAP-W, LLC
  
     
 
By:
General Atlantic GenPar, L.P., its Manager
  
       
 
By:
General Atlantic LLC, its General Partner
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
         
     
 
GAP COINVESTMENTS CDA, L.P.
  
     
 
By:     General Atlantic LLC., its General Partner
  
     
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
     
     
 
GAPSTAR, LLC
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Vice President
  
         
           
 
GAP COINVESTMENTS III, LLC
  
       
 
By:
General Atlantic LLC, its Managing Member
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
         
     
 
GAP COINVESTMENTS IV, LLC
  
       
 
By:
General Atlantic LLC, its Managing Member
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  

 
 
 
 
 
 
 
CUSIP No. 896288107
 SCHEDULE 13G
Page 22 of 22 pages
 
 
 
GAPCO MANAGEMENT GMBH
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
         
               
 
GAPCO GMBH & CO. KG
  
       
 
By:
GAPCO Management GmbH, its General Partner
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
           
     
 
GA TRINET, LLC
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  

 
 
HR ACQUISITIONS, LLC
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  

 
 
 
 
 
 
 
 JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13D-1(k)(1)

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is accurate.

February 13, 2015


 
GENERAL ATLANTIC LLC
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
         
     
 
GENERAL ATLANTIC GENPAR, L.P.
  
       
 
By:
General Atlantic LLC, its General Partner
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
         
         
 
GENERAL ATLANTIC PARTNERS 84, L.P.
  
       
 
By:
General Atlantic GenPar, L.P., its General Partner
  
       
 
By:
General Atlantic LLC, its General Partner
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
       
 
 
 
 
 
 
 
 
         
         
 
GENERAL ATLANTIC PARTNERS 79, L.P.
  
       
 
By:
General Atlantic LLC, its General Partner
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
       
 
 
GAP-W, LLC
  
     
 
By:
General Atlantic GenPar, L.P., its Manager
  
       
 
By:
General Atlantic LLC, its General Partner
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
         
     
 
GAP COINVESTMENTS CDA, L.P.
  
     
 
By:     General Atlantic LLC., its General Partner
  
     
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
     
     
 
GAPSTAR, LLC
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Vice President
  
         
           
 
GAP COINVESTMENTS III, LLC
  
       
 
By:
General Atlantic LLC, its Managing Member
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
         
     
 
GAP COINVESTMENTS IV, LLC
  
       
 
By:
General Atlantic LLC, its Managing Member
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  

 
 
 
 
 
 
  
 
GAPCO MANAGEMENT GMBH
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
         
               
 
GAPCO GMBH & CO. KG
  
       
 
By:
GAPCO Management GmbH, its General Partner
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  
           
     
 
GA TRINET, LLC
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  

 
 
HR ACQUISITIONS, LLC
  
       
 
By:
/s/ Thomas J. Murphy
  
   
Name:
Thomas J. Murphy
  
   
Title:
Managing Director
  


 
 
 


 
 SCHEDULE A
 
GA Managing Directors
 
 
Name
Business Address
Citizenship
 
 
Steven A. Denning
(Chairman)
 
600 Steamboat Road
Greenwich, Connecticut 06830
 
United States
   
William E. Ford
(Chief Executive Officer)
 
55 East 52nd Street
32nd Floor
New York, New York 10055
 
United States
 
J. Frank Brown
(Chief Operating Officer)
 
55 East 52nd Street
32nd Floor
New York, New York 10055
 
United States
 
 
Thomas J. Murphy
(Chief Financial Officer)
 
600 Steamboat Road
Greenwich, Connecticut 06830
 
United States
 
 
John D. Bernstein
 
 
23 Savile Row
London W1S 2ET
United Kingdom
 
United Kingdom
 
 
Gabriel Caillaux
 
23 Savile Row
London W1S 2ET
United Kingdom
 
France
 
Andrew Crawford
55 East 52nd Street
32nd Floor
New York, New York 10055
United States
 
 
 
 
 
 
 
 
 
 
 
Mark F. Dzialga
 
 
600 Steamboat Road
Greenwich, Connecticut 06830
 
United States
 
 
Cory A. Eaves
 
 
55 East 52nd Street
32nd Floor
New York, New York 10055
 
United States
 
 
Martin Escobari
 
 
Rua Dr. Renato Paes de Barros, 1017
15Ъ andar
04530-001
Sao Paulo, Brazil
 
Bolivia and Brazil
 
 
David C. Hodgson
 
 
55 East 52nd Street
32nd Floor
New York, New York 10055
 
United States
 
 
Rene M. Kern
 
 
55 East 52nd Street
32nd Floor
New York, New York 10055
 
United States and Germany
 
 
Jonathan C. Korngold
 
 
55 East 52nd Street
32nd Floor
New York, New York 10055
 
United States
 
  
 
 
 
 
 
 
 
 
 
Christopher G. Lanning
 
 
55 East 52nd Street
32nd Floor
New York, New York 10055
 
United States
 
 
Anton J. Levy
 
 
55 East 52nd Street
32nd Floor
New York, New York 10055
 
United States
 
 
Adrianna C. Ma
 
 
55 East 52nd Street
32nd Floor
New York, New York 10055
 
United States
 
 
Sandeep Naik
 
 
17th Floor
Express Towers
Nariman Point
Mumbai 400 021
India
 
United States
 
 
Andrew C. Pearson
 
 
600 Steamboat Road
Greenwich, Connecticut 06830
 
United States
 
 
Brett B. Rochkind
 
 
228 Hamilton Ave.
Palo Alto, CA 94301
 
United States
 
 
David A. Rosenstein
 
 
55 East 52nd Street
32nd Floor
New York, New York 10055
 
United States
 
 
Graves Tompkins
 
 
55 East 52nd Street
32nd Floor
New York, New York 10055
 
United States
Robbert Vorhoff
55 East 52nd Street
32nd Floor
New York, New York 10055
United States
 
 Ke Wei
 
 
Suite 5801, 58th Floor
Two International Finance Center
8 Finance Street
Central, Hong Kong
 
PRC