TRIMBLE INC. — Director's Dealing 2021

Feb 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRIMBLE INC. (TRMB)
CIK: 0000864749
Period of Report: 2021-02-19

Reporting Person: Bisio Ronald (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-19	Common Stock	A	7517	—	Acquired	32993	Direct
2021-02-19	Common Stock	F	2841	$72.99	Disposed	30152	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-19	Restricted Stock Units	$0.0	A	2900	Acquired	2022-03-16	Common Stock (2900.0)	Direct

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 127.37% (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.

F3: Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock.

F4: 100% of these restricted stock units will vest on the 1st anniversary of the vest commencement date.