| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TRMB | Common Stock | Award | $0 | +3.83K | +39.41% | $0.00 | 13.5K | Feb 5, 2024 | Direct | F1 |
| transaction | TRMB | Common Stock | Tax liability | -$81.5K | -1.55K | -11.45% | $52.59 | 12K | Feb 5, 2024 | Direct | F2 |
| transaction | TRMB | Common Stock | Sale | -$94.5K | -1.82K | -15.19% | $51.87 | 10.2K | Feb 6, 2024 | Direct | F3 |
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).
| Id | Content |
|---|---|
| F1 | Each Performance right represented a contingent right to receive a share of common stock based upon Trimble's performance. The Compensation Committee certified on February 5, 2024 that the payout for this award would be 184.16% of the target to the reporting person based on the degree to which Trimble performed. |
| F2 | 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 the performance restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability. |
| F3 | The sale was effected by Mr. Schwartz pursuant to a rule 10b5-1 sale plan effective November 2, 2023. |