Carl Schweihs - Dec 14, 2023 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: Dec 14, 2023
Transactions value $: -$53,899
Form type: 4
Date filed: 2/6/2024, 04:43 PM
Previous filing: Nov 3, 2023
Next filing: Feb 7, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TBI	Common Stock	Award	$0	+15.6K	+24.58%	$0.00	79.1K	Dec 14, 2023	Direct	F1, F2
transaction	TBI	Common Stock	Tax liability	-$31.1K	-2.27K	-2.87%	$13.68	76.8K	Feb 3, 2024	Direct	F2
transaction	TBI	Common Stock	Tax liability	-$22.8K	-1.67K	-2.17%	$13.68	75.1K	Feb 4, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 5, 2021, 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 individual performance goals, of which up to 50% could be earned based on performance over the 2021-2022 performance period ("Tranche 1") and up to 50% plus any portion of Tranche 1 not previously earned can be earned based on performance over the 2021-2023 performance period ("Tranche 2"). The level of attainment of the performance goals for Tranche 2 was approved on December 14, 2023, resulting in the vesting of the Performance Share Units into shares of the Issuer's common stock on February 5, 2024, pursuant to the terms of the award.
F2	This total includes approximately 3,860 shares purchased pursuant to the TrueBlue, Inc. Employee Stock Purchase Plan.

Content

On February 5, 2021, 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 individual performance goals, of which up to 50% could be earned based on performance over the 2021-2022 performance period ("Tranche 1") and up to 50% plus any portion of Tranche 1 not previously earned can be earned based on performance over the 2021-2023 performance period ("Tranche 2"). The level of attainment of the performance goals for Tranche 2 was approved on December 14, 2023, resulting in the vesting of the Performance Share Units into shares of the Issuer's common stock on February 5, 2024, pursuant to the terms of the award.

This total includes approximately 3,860 shares purchased pursuant to the TrueBlue, Inc. Employee Stock Purchase Plan.