JABIL INC — Director's Dealing 2012

Feb 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JABIL CIRCUIT INC (JBL)
CIK: 0000898293
Period of Report: 2012-02-10

Reporting Person: PAVER ROBERT L (Corp. Sec. & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-10	Common Stock	M	10000.0000	$21.5600	Acquired	211490.0000	Direct
2012-02-10	Common Stock	F	408.0000	$24.8700	Disposed	211082.0000	Direct
2012-02-10	Common Stock	S	922.0000	$24.5957	Disposed	210160.0000	Direct
2012-02-10	Common Stock	F	8670.0000	$24.8700	Disposed	201490.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-10	Stock Appreciation Right	$21.5600	M	10000.0000	Disposed	2017-10-23	Common Stock (10000.0000)	Direct

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 $24.5600 to $24.6000. 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: 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.

F4: 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.