COOPER STEVEN C 4
4 · TrueBlue, Inc. · Filed Feb 9, 2021
Insider Transaction Report
Form 4
COOPER STEVEN C
DirectorPresident and CEO
Transactions
- Award
Restricted Stock Units
2021-02-05+7,543→ 13,830 total→ Common Stock (7,543 underlying) - Award
Common Stock
2021-02-05+49,220→ 204,760 total - Tax Payment
Common Stock
2021-02-05$19.62/sh−19,728$387,063→ 185,032 total
Footnotes (4)
- [F1]On February 9, 2018, the Reporting Person was granted Performance Share Units representing an indeterminate number of shares of Issuer's common stock which were contingent upon the meeting of certain company performance criteria. The performance criteria were met as of December 27, 2020 resulting in the vesting of the Performance Share Units into shares of the Issuer's common stock on February 5, 2021.
- [F2]In previous reports the Reporting Person has referred to similar awards as "Deferred Stock Awards."
- [F3]Each restricted stock unit represents a contingent right to receive one share of TrueBlue, Inc. common stock in the future.
- [F4]The restricted stock units will vest in full on September 27, 2021, which is the first day of the Issuer's fourth quarter in the current fiscal year. Delivery of the vested shares to the Reporting Person will be made ninety (90) days after his separation from service on the Board of Directors.