Transaction Details

Footnotes

Each Performance right (ARR) represented a contingent right to receive a share of common stock based upon Trimble's Combined Attainment Factor of 141.70%. Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43% and People & Planet modifier of 3.87% | 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. | 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2023. | 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2024. | 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2025.