Peter Large - Dec 15, 2023 Form 4 Insider Report for TRIMBLE INC. (TRMB)

Role
Senior Vice President
Signature
/s/ Paul Rimas, as Attorney-in-Fact
Stock symbol
TRMB
Transactions as of
Dec 15, 2023
Transactions value $
$31,930
Form type
4
Date filed
12/19/2023, 12:46 PM
Previous filing
Aug 23, 2023
Next filing
Feb 7, 2024
SEC
View on sec.gov

Transactions Table

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 -1.39K -100% $0.00* 0 Dec 15, 2023 Common Stock 1.39K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes 151.750 shares acquired on August 31, 2023 under the Amended and Restated Employee Stock Purchase Plan.
F2 The sale was effected by Mr. Large to a rule 10b5-1 sale plan effective May 23, 2023.
F3 Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock.
F4 33% of these restricted stock units will vest annually over a 3-year period from grant date of 12/15/2020.