SEC Form 4 · accession 0000864749-18-000024
TRIMBLE INC. · TRMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven W Berglund
Officer — President & CEO · Director
Period of report
Apr 9, 2018
Accepted (ET)
Apr 10, 2018 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000864749
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | $0.00 | Apr 9, 2018 | A | 189,000 | A | — | — | Common Stock | 189,000 | 189,000 | D |
| Restricted Stock UnitF2 | $0.00 | Apr 9, 2018 | A | 150,740 | A | — | — | Common Stock | 150,740 | 150,740 | D |
Explanation of responses
- F1On July 8, 2015, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the degree to which a relative Total Shareholder Return target was attained for the period July 8, 2015 to March 31, 2018. The Compensation Committee certified that the payout for this award would be 189% (out of a possible 200%) of the target to the reporting person based on the degree to which Trimble performed against the S&P 500.
- F2On November 6, 2015, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the degree to which a relative Total Shareholder Return target was attained for the period November 6, 2015 to March 31, 2018. The Compensation Committee certified that the payout for this award would be 200% (out of a possible 200%) of the target to the reporting person based on the degree to which Trimble performed against the S&P 500.