Bank Michael 4
4 · TRIMBLE INC. · Filed May 22, 2020
Insider Transaction Report
Form 4
TRIMBLE INC.TRMB
Bank Michael
Sr. Vice President
Transactions
- Tax Payment
Common Stock
2020-05-20$39.53/sh−1,970$77,874→ 23,467.665 total - Award
Common Stock
2020-05-20+6,796→ 25,437.665 total
Footnotes (2)
- [F1]Each Performance right represented a contingent right to receive a share of common stock based upon Trimble's financial performance. The Compensation Committee certified that the payout for this award would be 108.74% (out of a possible 200%) 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 an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.