Peter Large - Apr 10, 2025 Form 4 Insider Report for TRIMBLE INC. (TRMB)

Signature
/s/ Paul Rimas, as Attorney-in-Fact
Stock symbol
TRMB
Transactions as of
Apr 10, 2025
Transactions value $
-$187,913
Form type
4
Date filed
4/14/2025, 05:26 PM
Previous filing
Mar 14, 2025
Next filing
Apr 17, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRMB Common Stock Award $0 +6.18K +65.03% $0.00 15.7K Apr 10, 2025 Direct F1, F2
transaction TRMB Common Stock Tax liability -$140K -2.27K -14.48% $61.49 13.4K Apr 10, 2025 Direct F3
transaction TRMB Common Stock Award $0 +2.04K +15.24% $0.00 15.5K Apr 10, 2025 Direct F4
transaction TRMB Common Stock Tax liability -$48.2K -784 -5.07% $61.49 14.7K Apr 10, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance right represented a contingent right to receive a share of common stock based upon Trimble's Annual Recurring Revenue performance, which resulted in a payout rate of 156.5% of the target, of which 90% was currently released to the reporting person.
F2 Includes 140.0790 shares acquired on August 30, 2024 under the Amended and Restated Employee Stock Purchase Plan. Also includes 144.5425 shares acquired on February 28, 2025 under the Amended and Restated Employee Stock Purchase Plan.
F3 These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of the performance restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
F4 Each Performance right represented a contingent right to receive a share of common stock based upon Trimble's Total Shareholder Return performance, which resulted in a payout rate of 51.8% of the target, of which 90% was currently released to the reporting person