SEC Form 4 · accession 0000864749-18-000031
TRIMBLE INC. · TRMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryn Fosburgh
Officer — Vice President
Period of report
Apr 10, 2018
Accepted (ET)
Apr 11, 2018 · 7:35 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 StockF1 | Apr 10, 2018 | M | 45,171 | $0.00 | A | 48,492 | D | |
| Common Stock | Apr 10, 2018 | M | 16,100 | $0.00 | A | 64,592 | D | |
| Common Stock | Apr 10, 2018 | F | 26,397 | $35.03 | D | 38,195 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2 | $0.00 | Apr 10, 2018 | M | 45,171 | D | — | — | Common Stock | 45,171 | 0 | D |
| Restricted Stock UnitF3 | $0.00 | Apr 10, 2018 | M | 16,100 | D | — | — | Common Stock | 16,100 | 0 | D |
Explanation of responses
- F1Includes 323.164 shares acquired under the Amended and Restated Employee Stock Purchase Plan on February 28, 2018.
- F2On 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.
- F3On 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.