JABIL INC — Director's Dealing 2012

Feb 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JABIL CIRCUIT INC (JBL)
CIK: 0000898293
Period of Report: 2012-02-14

Reporting Person: LIEBEL HARTMUT (EVP, CEO, Aftermarket Svcs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-14	Common Stock	M	20000.0000	$21.5600	Acquired	337505.0000	Direct
2012-02-14	Common Stock	F	850.0000	$25.1600	Disposed	336655.0000	Direct
2012-02-14	Common Stock	S	2011.0000	$25.0000	Disposed	334644.0000	Direct
2012-02-14	Common Stock	F	17139.0000	$25.1600	Disposed	317505.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-14	Stock Appreciation Right	$21.5600	M	20000.0000	Disposed	2017-10-23	Common Stock (20000.0000)	Direct

Footnotes

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

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: The derivative security is a stock appreciation right 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.