SEC Form 4 · accession 0000864749-19-000030
TRIMBLE INC. · TRMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Fansler
Officer — Sr. Vice President
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 5:30 pm EST
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 | Feb 21, 2019 | M | 559 | $23.53 | A | 12,836 | D | |
| Common Stock | Feb 21, 2019 | S | 559 | $39.9034 | D | 12,277 | D | |
| Common StockF1 | Feb 21, 2019 | A | 8,730 | $0.00 | A | 21,007 | D | |
| Common Stock | Feb 21, 2019 | F | 3,620 | $39.92 | D | 17,387 | 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 | $23.53 | Feb 21, 2019 | M | 559 | D | — | Oct 29, 2019 | Common Stock | 559 | 0 | D |
Explanation of responses
- F1Each Performance right represented a contingent right to receive a share of common stock based upon Trimble's financial performance. The Compensation Committee certified that the payout for this award would be 485% (out of a possible 888%) of the target to the reporting person based on the degree to which Trimble performed.
- F240% of these options became exercisable after two years from date of grant and an additional 1.67% of these options become exercisable monthly thereafer.