JABIL INC — Director's Dealing 2012

Feb 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JABIL CIRCUIT INC (JBL)
CIK: 0000898293
Period of Report: 2012-02-15

Reporting Person: MAIN TIMOTHY L (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-19	Common Stock	G	1146.0000	$0.0000	Disposed	2141232.0000	Direct
2012-01-19	Common Stock	G	1146.0000	$0.0000	Disposed	2140086.0000	Direct
2012-01-19	Common Stock	G	1146.0000	$0.0000	Disposed	2138940.0000	Direct
2012-01-23	Common Stock	G	1145.0000	$0.0000	Disposed	2137795.0000	Direct
2012-01-23	Common Stock	G	1145.0000	$0.0000	Disposed	2136650.0000	Direct
2012-02-15	Common Stock	S	207925.0000	$25.4828	Disposed	1928725.0000	Direct
2012-01-19	Common Stock	G	1146.0000	$0.0000	Acquired	2155.0000	Indirect
2012-01-19	Common Stock	G	1146.0000	$0.0000	Acquired	2155.0000	Indirect
2012-01-23	Common Stock	G	1145.0000	$0.0000	Acquired	1145.0000	Indirect
2012-01-23	Common Stock	G	1145.0000	$0.0000	Acquired	1145.0000	Indirect

Footnotes

F1: Transfer to the reporting person as custodian for a child under the Florida Uniform Transfers to Minors Act. The reporting person disclaims beneficial ownership of the securities, 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.

F2: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F3: The transactions reflected on this line were executed in multiple trades at prices ranging from $25.4500 to $25.5400. 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: Column 5 of Table I includes 471 shares acquired on December 31, 2011, under the 2011 Employee Stock Purchase Plan of Jabil Circuit, Inc. Table I also reflects that 1,009 shares previously owned by the Melissa Marian Nelson Main Irrevocable Trust were distributed by the trust and the reporting person no longer has a reportable interest in those shares.

F5: The reporting person disclaims beneficial ownership of the securities shown as being held by the Brian James Main Irrevocable Trust, which is for the benefit of one of the reporting person's children, and for which the reporting person is one of three trustees who share voting and dispositive power. 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.

F6: The reporting person disclaims beneficial ownership of the securities shown as being held by the Timothy Lee Main, II Irrevocable Trust, which is for the benefit of one of the reporting person's children, and for which the reporting person is one of three trustees who share voting and dispositive power. 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.