4//SEC Filing
COOPER ROBERT S 4
Accession 0000864749-06-000004
CIK 0000864749other
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 9:18 PM ET
Size
8.0 KB
Accession
0000864749-06-000004
Insider Transaction Report
Form 4
COOPER ROBERT S
Director
Transactions
- Other
Contract
2006-01-27+73,500→ 73,500 total→ Common Stock (73,500 underlying)
Footnotes (4)
- [F1]On January 27, 2006, the Robert S. Cooper Revocable Trust u/d January 8, 2004 (the "Trust) entered into a Variable Prepaid Forward Agreement (the "Contract") with an unaffiliated third party (the "Counterparty") relating to 73,500 shares of Trimble Navigation Limited common stock ("Common Stock"). Pursuant to the terms of the Contract the Trust has received $2,470,921.57.
- [F2]Under the terms of the Contract, on September 1, 2007, or on an earlier date if the Contract is terminated early (the "Maturity Date"), the Trust has agreed to deliver shares of Common Stock to the Counterparty (or, at the election of the Trust, the cash equivalent of such shares) as follows:(i) if the closing price for the Common Stock on the Maturity Date (the "Final Price") is less than or equal to $40.093 per share, 73,500 shares;
- [F3](ii) if the Final Price is less than or equal to $52.1209 per share, but greater then $40.093, then a number of shares of Common Stock equal to 73,500 times $40.093 divided by the Final Price; and (iii) if the Final Price is greater than $52,1209, then a number of share of Common Stock equal to 73,500 multiplied by a fraction, the numberator of which is the sum of $40.093 and the difference between the Final Price and $52.1209, and the denominator of which is the Final Price.
- [F4]In connection with the Contract, the Trust has pledged 73,500 shares of Common Stock to secure its obligation under the Contract.
Documents
Issuer
TRIMBLE NAVIGATION LTD /CA/
CIK 0000864749
Entity typeother
Related Parties
1- filerCIK 0001198977
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 9:18 PM ET
- Size
- 8.0 KB