James Joel Langley - 15 May 2021 Form 4 Insider Report for TRIMBLE INC. (TRMB)

Signature
/s/ James A. Kirkland, as Attorney-in-Fact
Issuer symbol
TRMB
Transactions as of
15 May 2021
Net transactions value
-$126,598
Form type
4
Filing time
18 May 2021, 20:16:34 UTC
Previous filing
12 May 2021
Next filing
24 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRMB Common Stock Options Exercise $0 +5,419 +113% $0.000000 10,222 15 May 2021 Direct
transaction TRMB Common Stock Tax liability $126,598 -1,659 -16% $76.31 8,563 15 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TRMB Restricted Stock Units Options Exercise $0 -5,419 -33% $0.000000 11,005 15 May 2021 Common Stock 5,419 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock.
F3 33.3% of these restricted stock units will vest annually over a 3-year period from vest commencement date.