TRIMBLE INC. — Director's Dealing 2020

May 22, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRIMBLE INC. (TRMB)
CIK: 0000864749
Period of Report: 2020-05-20

Reporting Person: PAINTER ROBERT G (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-20	Common Stock	M	6000	$28.20	Acquired	83045.2039	Direct
2020-05-20	Common Stock	S	12615	$39.4514	Disposed	70430.2039	Direct
2020-05-20	Common Stock	A	11417	—	Acquired	81847.2039	Direct
2020-05-20	Common Stock	F	5022	$39.53	Disposed	76825.2039	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-20	Employee Stock Option	$28.2	M	6000	Disposed	2020-10-29	Common Stock (6000.0)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $39.43 to $39.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: 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 108.74% (out of a possible 200%) of the target to the reporting person based on the degree to which Trimble performed.

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 an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.

F4: The option grant is fully vested as of 10/29/2017.