Christopher F. Keating - Apr 10, 2025 Form 4 Insider Report for TRIMBLE INC. (TRMB)

Role
Sr. VP Transportation
Signature
/s/ Paul Rimas, Attorney-in-Fact
Stock symbol
TRMB
Transactions as of
Apr 10, 2025
Transactions value $
-$196,399
Form type
4
Date filed
4/14/2025, 05:27 PM
Previous filing
Mar 14, 2025
Next filing
Apr 17, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRMB Common Stock Award $0 +3.73K +1648.27% $0.00 3.96K Apr 10, 2025 Direct F1, F2
transaction TRMB Common Stock Tax liability -$100K -1.63K -41.26% $61.49 2.33K Apr 10, 2025 Direct F3
transaction TRMB Common Stock Award $0 +1.23K +53.04% $0.00 3.56K Apr 10, 2025 Direct F4
transaction TRMB Common Stock Tax liability -$33.2K -540 -15.17% $61.49 3.02K Apr 10, 2025 Direct F3
transaction TRMB Common Stock Award $0 +2.33K +77.17% $0.00 5.35K Apr 10, 2025 Direct F5
transaction TRMB Common Stock Tax liability -$62.7K -1.02K -19.06% $61.49 4.33K 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 226.5391 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
F5 Each Performance right represented a contingent right to receive a share of common stock based upon Transporeon's (a Trimble company) Annual Recurring Revenue, Ordinary Income, and Booking performance, which resulted in a payout rate of 19.81% of the target number of award shares to the reporting person.