TrueBlue, Inc. — Director's Dealing 2021

Feb 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TrueBlue, Inc. (TBI)
CIK: 0000768899
Period of Report: 2021-02-05

Reporting Person: COOPER STEVEN C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-05	Common Stock	A	49220	—	Acquired	204760	Direct
2021-02-05	Common Stock	F	19728	$19.62	Disposed	185032	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-05	Restricted Stock Units	$	A	7543	Acquired		Common Stock (7543.0)	Direct

Footnotes

F1: On February 9, 2018, the Reporting Person was granted Performance Share Units representing an indeterminate number of shares of Issuer's common stock which were contingent upon the meeting of certain company performance criteria. The performance criteria were met as of December 27, 2020 resulting in the vesting of the Performance Share Units into shares of the Issuer's common stock on February 5, 2021.

F2: In previous reports the Reporting Person has referred to similar awards as "Deferred Stock Awards."

F3: Each restricted stock unit represents a contingent right to receive one share of TrueBlue, Inc. common stock in the future.

F4: The restricted stock units will vest in full on September 27, 2021, which is the first day of the Issuer's fourth quarter in the current fiscal year. Delivery of the vested shares to the Reporting Person will be made ninety (90) days after his separation from service on the Board of Directors.