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TRIMBLE INC. — Director's Dealing 2019
Jun 14, 2019
30315_dirs_2019-06-14_6725e708-bf87-4f4d-af2d-c6c640c14d1e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TRIMBLE INC. (TRMB)
CIK: 0000864749
Period of Report: 2019-06-12
Reporting Person: BERGLUND STEVEN W (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-06-12 | Common Stock | A | 211150 | — | Acquired | 565294 | Direct |
| 2019-06-12 | Common Stock | F | 104689 | $42.60 | Disposed | 460605 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 102060 | Indirect |
Footnotes
F1: Each 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 171.11% (out of a possible 200%) of the target to the reporting person based on the degree to which Trimble performed.
F2: 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 an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.