TrueBlue, Inc. — Director's Dealing 2013

May 23, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TrueBlue, Inc. (TBI)
CIK: 0000768899
Period of Report: 2013-05-22

Reporting Person: COOPER STEVEN C (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-22	Common Stock	M	51000	$18.98	Acquired	183108	Direct
2013-05-22	Common Stock	S	51000	$23.10	Disposed	132108	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-22	Option (Right to Buy)	$18.98	M	51000	Disposed	2014-02-02	Common Stock (51000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6174	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $23.04 to $23.14. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer the detailed information regarding the number of shares sold at each separate price.

F2: Options subject to this granted fully vested on the third anniversary of the grant date.