JABIL INC — Director's Dealing 2011

Nov 7, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: JABIL CIRCUIT INC (JBL)
CIK: 0000898293
Period of Report: 2011-11-01

Reporting Person: Chiang Hwai Hai (EVP, CEO, Materials Tech Group)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	299510.0000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$21.5600	2017-10-23	Common Stock (20000.0000)		Direct
Stock Appreciation Right	$23.0000	2017-04-23	Common Stock (5760.0000)		Direct

Footnotes

F1: See Exhibit 99 (attached) for more details regarding these securities.

F2: Stock Appreciation Rights shall vest at the rate of one-twelfth of the initial shares subject to the award one year and three months after the date of grant (which date of grant was 10/24/2007), with an additional one-twelfth of the initial shares subject to the award vesting on the same calendar date of each successive three month period thereafter, with, as a result, all of the initial shares subject to the award vesting by four years from the date of grant; provided that in all instances the reporting person is an employee of, or consultant (as defined in the relevant stock incentive plan) to, the Company or a subsidiary.

F3: Stock Appreciation Rights shall vest at the rate of one-twelfth of the initial shares subject to the award one year and three months after the date of grant (which date of grant was 04/24/2007), with an additional one-twelfth of the initial shares subject to the award vesting on the same calendar date of each successive three month period thereafter, with, as a result, all of the initial shares subject to the award vesting by four years from the date of grant; provided that in all instances the reporting person is an employee of, or consultant (as defined in the relevant stock incentive plan) to, the Company or a subsidiary.