JABIL INC — Director's Dealing 2011

Mar 11, 2011

SEC Form 4/A — Form 4/A

Issuer: JABIL CIRCUIT INC (JBL)
CIK: 0000898293
Period of Report: 2010-11-08

Reporting Person: LOVATO JOHN P (EVP, CEO, Materials Tech Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-08	Common Stock	M	21592.0000	$12.9500	Acquired	631282.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-08	Employee Stock Option (Right to Buy)	$12.9500	M	21592.0000	Disposed	2012-10-17	Common Stock (21592.0000)	Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F2: Certain of the shares shown as being sold on the original Form 4 were obtained by the reporting person as a result of exercising a stock option. The original Form 4 inadvertently did not reflect such option exercise, which is being reflected on this amendment.

F3: Options shall vest at the rate of 12% of the shares upon the expiration of six (6) months after the Vesting Commencement Date (10/17/02) and 2% of the shares at the end of each month thereafter provided that the optionee is an employee of, or consultant (as defined in the relevant stock incentive plan) to, the Company or a subsidiary.

F4: The derivative security is a stock option issued under the Issuer's 2002 Stock Incentive Plan. $0.00 has been inserted to satisfy the requirements to submit this form via the EDGAR system.