Derrek Lane Gafford - Feb 4, 2022 Form 4 Insider Report for TrueBlue, Inc. (TBI)

Role
EVP and CFO
Signature
/s/ Todd N. Gilman, Attorney-in-fact
Stock symbol
TBI
Transactions as of
Feb 4, 2022
Transactions value $
-$240,843
Form type
4
Date filed
2/8/2022, 03:07 PM
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBI Common Stock Award $0 +15.1K +25.18% $0.00 75.3K Feb 4, 2022 Direct F1, F2
transaction TBI Common Stock Award $0 +16K +21.23% $0.00 91.2K Feb 4, 2022 Direct F3
transaction TBI Common Stock Tax liability -$171K -6.29K -6.89% $27.22 85K Feb 4, 2022 Direct
transaction TBI Common Stock Tax liability -$69.7K -2.56K -3.01% $27.22 82.4K Feb 5, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units that will be settled for shares of Common Stock on a one-for-one basis in the future. The restricted stock units will vest over a 3-year period in equal installments.
F2 Since the date of the Reporting Person's last ownership report, he transferred 25,000 shares of the Company's common stock to his ex-spouse pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owned any securities owned by his ex-spouse.
F3 On February 11, 2019, the Reporting Person was granted Performance Share Units representing an indeterminate number of shares of Issuer's common stock which were contingent upon the meeting of certain company performance criteria. The performance criteria were met as of December 26, 2021 resulting in the vesting of the Performance Share Units into shares of the Issuer's common stock on February 4, 2022.