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

Signature
/s/ Paul Rimas, as Attorney-in-Fact
Issuer symbol
TRMB
Transactions as of
15 Apr 2024
Net transactions value
+$161,319
Form type
4
Filing time
17 Apr 2024, 14:01:27 UTC
Previous filing
21 Mar 2024
Next filing
18 Apr 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% $60.54 11,810 15 Apr 2024 Direct
transaction TRMB Common Stock Tax liability $42,075 -695 -5.9% $60.54 11,115 15 Apr 2024 Direct
transaction TRMB Common Stock Options Exercise $163,397 +2,699 +24% $60.54 13,814 15 Apr 2024 Direct
transaction TRMB Common Stock Tax liability $60,056 -992 -7.2% $60.54 12,822 15 Apr 2024 Direct
transaction TRMB Common Stock Sale $14,368 -235 -1.8% $61.14 12,587 15 Apr 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% $0.000000 1,890 15 Apr 2024 Common Stock 1,890 $0.000000 Direct F2
transaction TRMB Restricted Stock Unit Options Exercise $0 -2,699 -33% $0.000000 5,399 15 Apr 2024 Common Stock 2,699 $0.000000 Direct F3
* 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 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.