Steven C. Cooper - Aug 1, 2022 Form 4 Insider Report for TrueBlue, Inc. (TBI)

Role: CEO and President, Director
Signature: /s/ Todd N. Gilman, Attorney-in-fact
Stock symbol: TBI
Transactions as of: Aug 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/3/2022, 02:29 PM
Previous filing: Mar 2, 2022
Next filing: Feb 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TBI	Common Stock	Award	$0	+172K	+127.13%	$0.00	307K	Aug 1, 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.