SEC Form 4 · accession 0000864749-17-000008
TRIMBLE INC. · TRMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald S. Nersesian
Director
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 7:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000864749
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 1, 2017 | M | 30,000 | $20.61 | A | 35,103 | D | |
| Common StockF1 | May 1, 2017 | S | 30,000 | $35.71 | D | 5,103 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF2 | $20.61 | May 1, 2017 | M | 30,000 | D | — | Nov 21, 2018 | Common Stock | 30,000 | 0 | D |
| Restricted Stock UnitF3,F4 | — | May 1, 2017 | A | 7,686 | A | — | — | Common Stock | 7,686 | 7,686 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $35.64 to $35.78; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
- F2This option will vest monthly over 12 months, fully vested one year following date of grant.
- F3Each restricted stock unit represents a contingent right to receive one share of Trimble Inc common stock.
- F4100% of these restricted stock units will vest on the 1st anniversary of the grant date.