SEC Form 4 · accession 0001242003-16-000011
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
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 12:04 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 | Nov 16, 2016 | M | 104,000 | $18.10 | A | 230,558 | D | |
| Common StockF1 | Nov 16, 2016 | S | 104,000 | $28.00 | D | 126,558 | D | |
| Common Stock | Nov 17, 2016 | M | 54,479 | $18.10 | A | 181,037 | D | |
| Common StockF2 | Nov 17, 2016 | S | 54,479 | $28.01 | D | 126,558 | D | |
| Common Stock | holding | — | — | — | 162,060 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF3 | $18.10 | Nov 16, 2016 | M | 104,000 | D | — | Oct 26, 2017 | Common Stock | 104,000 | 296,000 | D |
| Employee Stock OptionF3 | $18.10 | Nov 17, 2016 | M | 54,479 | D | — | Oct 26, 2017 | Common Stock | 54,479 | 241,521 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $28.00 to $28.34; 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 transaction was executed in multiple trades at prices ranging from $27.95 to $28.16; 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.
- F340% of these options became exercisable on 10/26/2012 and an additional 1.67% of these options become exercisable monthly thereafer.