SEC Form 4 · accession 0000864749-18-000040
TRIMBLE INC. · TRMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darryl R Matthews
Officer — SVP & Sector Head
Period of report
Apr 10, 2018
Accepted (ET)
Apr 12, 2018 · 6:03 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 | Apr 10, 2018 | M | 15,000 | $0.00 | A | 18,453 | D | |
| Common Stock | Apr 10, 2018 | F | 6,257 | $35.03 | D | 12,196 | D | |
| Common StockF2 | Apr 11, 2018 | S | 5,683 | $34.75 | D | 6,513 | 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 UnitF3 | $0.00 | Apr 10, 2018 | M | 15,000 | D | — | — | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1The sale was effected by Mr. Matthews to a rule 10b5-1 sale plan effective September 7, 2017.
- F2The price reported is the weighted average sale price of shares occurring at prices ranging from $34.67 - $34.86. Upon request from the SEC or a stockholder of the issuer, the reporting person will provide information on the number of shares purchased for each separate price.
- 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.