BERGLUND STEVEN W 4
4 · TRIMBLE INC. · Filed Feb 16, 2022
Insider Transaction Report
Form 4
TRIMBLE INC.TRMB
BERGLUND STEVEN W
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2022-02-15+15,066→ 217,543 total - Award
Comnon Stock
2022-02-14+168,159→ 285,851 total - Tax Payment
Comnon Stock
2022-02-15$68.36/sh−7,119$486,655→ 210,424 total - Exercise/Conversion
Restricted Stock Units
2022-02-15−15,066→ 30,590 totalExercise: $0.00Exp: 2024-02-15→ Common Stock (15,066 underlying) - Tax Payment
Comnon Stock
2022-02-14$65.85/sh−83,374$5,490,178→ 202,477 total
Footnotes (4)
- [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 on February 14, 2022 that the payout for this award would be 123.39% 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.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Trimble Inc common stock.
- [F4]33% of these restricted stock units will vest annually over a 3 year period from Vesting commencement date of February 15, 2021