Bryn Fosburgh - 15 May 2021 Form 4 Insider Report for TRIMBLE INC. (TRMB)

Role
Vice President
Signature
/s/ James A Kirkland, as Attorney-in-Fact
Issuer symbol
TRMB
Transactions as of
15 May 2021
Net transactions value
-$359,496
Form type
4
Filing time
18 May 2021, 20:15:56 UTC
Previous filing
13 Sep 2021
Next filing
16 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRMB Common Stock Award $0 +10,734 +12% $0.000000 100,559 15 May 2021 Direct F1, F2
transaction TRMB Common Stock Tax liability $359,496 -4,711 -4.7% $76.31 95,848 15 May 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance right represented a contingent right to receive a share of common stock based upon Trimble's financial performance. The Compensation Committee certified that the payout for this award would be 138.23% (out of a possible 200%) of the target to the reporting person based on the degree to which Trimble performed.
F2 Includes 234.040 shares acquired under the Employee Stock Purchase Plan on February 28, 2021.
F3 These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.