STEVEN C. COOPER - 01 Aug 2022 Form 4 Insider Report for TrueBlue, Inc. (TBI)

Role: CEO and President, Director
Signature: /s/ Todd N. Gilman, Attorney-in-fact
Issuer symbol: TBI
Transactions as of: 01 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 03 Aug 2022, 14:29:53 UTC
Previous filing: 02 Mar 2022
Next filing: 07 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TBI	Common Stock	Award	$0	+171,995	+127%	$0.000000	307,281	01 Aug 2022	Direct	F1

* 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. Subject to his continued employment with the Company, these restricted stock units will cliff vest on the earlier of (i) the third anniversary date of the grant, or (ii) the appointment of a new, Board approved CEO, if Mr. Cooper provides the Board with at least 120 calendar days' advanced written notice of his intent to terminate employment and/or retire; however, if the appointment of a new, board approved CEO occurs before the first anniversary of the date of grant, only one-third of the restricted stock units will vest and the remaining two-thirds of the restricted stock units will be forfeited.

Content

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. Subject to his continued employment with the Company, these restricted stock units will cliff vest on the earlier of (i) the third anniversary date of the grant, or (ii) the appointment of a new, Board approved CEO, if Mr. Cooper provides the Board with at least 120 calendar days' advanced written notice of his intent to terminate employment and/or retire; however, if the appointment of a new, board approved CEO occurs before the first anniversary of the date of grant, only one-third of the restricted stock units will vest and the remaining two-thirds of the restricted stock units will be forfeited.