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JABIL INC — Director's Dealing 2016
Oct 24, 2016
30246_dirs_2016-10-24_dd17e10a-3def-48a9-b419-e28d074dd7a5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: JABIL CIRCUIT INC (JBL)
CIK: 0000898293
Period of Report: 2016-10-20
Reporting Person: ALEXANDER FORBES I J (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-10-20 | Common Stock | A | 49995.0000 | $0.0000 | Acquired | 751225.0000 | Direct |
Footnotes
F1: This represents the grant of a performance-based restricted stock unit award that provides for vesting at varying rates based on specified performance-based criteria. Each restricted stock unit represents the right to receive one share of Common Stock at vesting. Shares are earned based on cumulative adjusted core earnings per share for FY2017 through FY2019. The award has an "overdrive" feature that provides that if cumulative adjusted core earnings per share for FY2017 through FY2019 is in excess of a specified amount the reporting person is entitled to additional shares. The number of shares listed in Column 4 of Table I represents the maximum of shares that may be issued upon vesting of the award if the maximum target is met. The award is also subject to vesting conditions tied to continued service, provided, however, that death, disability or certain retirement events before those stated vesting dates will not result in forfeiture of the award or specified portions of the award.