Mark David Schwartz - Apr 15, 2024 Form 4 Insider Report for TRIMBLE INC. (TRMB)

Role
Senior VP, CES
Signature
/s/ Paul Rimas, as Attorney-in-Fact
Stock symbol
TRMB
Transactions as of
Apr 15, 2024
Transactions value $
$161,319
Form type
4
Date filed
4/17/2024, 02:01 PM
Previous filing
Mar 21, 2024
Next filing
Apr 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction TRMB Common Stock +Options Exercise $114,421 +1,890 +19.05% $60.54 11,810 Apr 15, 2024 Direct
transaction TRMB Common Stock -Tax liability -$42,075 -695 -5.88% $60.54 11,115 Apr 15, 2024 Direct
transaction TRMB Common Stock +Options Exercise $163,397 +2,699 +24.28% $60.54 13,814 Apr 15, 2024 Direct
transaction TRMB Common Stock -Tax liability -$60,056 -992 -7.18% $60.54 12,822 Apr 15, 2024 Direct
transaction TRMB Common Stock -Sell -$14,368 -235 -1.83% $61.14 12,587 Apr 15, 2024 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 Unit -Options Exercise $0 -1,890 -50% $0.00 1,890 Apr 15, 2024 Common Stock 1,890 $0.00 Direct F2
transaction TRMB Restricted Stock Unit -Options Exercise $0 -2,699 -33.33% $0.00 5,399 Apr 15, 2024 Common Stock 2,699 $0.00 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).

Explanation of Responses:

Id Content
F1 The sale was effected by Mr. Schwartz pursuant to a rule 10b5-1 sale plan effective November 2, 2023.
F2 33.3% of these restricted stock units will vest annually over a 3-year period from vest commencement date of April 15, 2022.
F3 33.3% of these restricted stock units will vest annually over a 3-year period from vest commencement date of April 15, 2023.