Robert G. Painter - Feb 5, 2024 Form 4 Insider Report for TRIMBLE INC. (TRMB)

Role
President & CEO, Director
Signature
/s/ Paul Rimas, as Attorney-in-Fact
Stock symbol
TRMB
Transactions as of
Feb 5, 2024
Transactions value $
-$1,577,332
Form type
4
Date filed
2/7/2024, 03:56 PM
Previous filing
Jan 11, 2024
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRMB Common Stock Award $0 +68.5K +33.62% $0.00 272K Feb 5, 2024 Direct F1
transaction TRMB Common Stock Tax liability -$1.58M -30K -11.01% $52.59 242K Feb 5, 2024 Direct F2
* 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 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.