JABIL INC — Director's Dealing 2012

Apr 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JABIL CIRCUIT INC (JBL)
CIK: 0000898293
Period of Report: 2012-03-30

Reporting Person: MOREAN WILLIAM D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-30	Common Stock	S	19200.0000	$25.2050	Disposed	2552317.0000	Direct
2012-03-30	Common Stock	S	1150.0000	$25.2026	Disposed	87640.0000	Indirect
2012-03-30	Common Stock	S	19200.0000	$25.2044	Disposed	9678102.0000	Indirect
2012-03-30	Common Stock	S	19200.0000	$25.2038	Disposed	9658902.0000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15912.0000	Indirect
Common Stock	79935.0000	Indirect

Footnotes

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

F2: The transactions reflected on this line were executed in multiple trades at prices ranging from $25.0200 to $25.3800. The price reported above reflects the weighted average sale price for the shares set forth on this line. The reporting person hereby undertakes to provide upon request by the SEC Staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.

F3: The transactions reflected on this line were executed in multiple trades at prices ranging from $25.1100 to $25.3100. The price reported above reflects the weighted average sale price for the shares set forth on this line. The reporting person hereby undertakes to provide upon request by the SEC Staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.

F4: Mr. Morean is a director of Eagle's Wing Foundation, a private charitable foundation, and may be deemed to have shared voting and dispositive power over shares held by the foundation. Mr. Morean disclaims beneficial ownership of these shares because he has no pecuniary interest therein.

F5: The transactions reflected on this line were executed in multiple trades at prices ranging from $25.0200 to $25.3500. The price reported above reflects the weighted average sale price for the shares set forth on this line. The reporting person hereby undertakes to provide upon request by the SEC Staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.

F6: Mr. Morean is a member of a two-person management committee created under the William E. Morean Residual Trust and as such shares voting and dispositive power over shares held by the trust. Mr. Morean and his family members are beneficiaries of the trust.

F7: The transactions reflected on this line were executed in multiple trades at prices ranging from $25.0200 to $25.3400. The price reported above reflects the weighted average sale price for the shares set forth on this line. The reporting person hereby undertakes to provide upon request by the SEC Staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.

F8: The reporting person disclaims beneficial ownership of the securities shown as being held by the reporting person's spouse, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F9: Mr. Morean is trustee of the William D. Morean Trust and has voting and dispositive power over the shares held by such trust.