AI assistant
JACOBS SOLUTIONS INC. — Director's Dealing 2014
Dec 29, 2014
30334_dirs_2014-12-29_cac2a580-8336-4f3b-8933-dc72f694697a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: JACOBS ENGINEERING GROUP INC /DE/ (JEC)
CIK: 0000052988
Period of Report: 2014-12-26
Reporting Person: MARTIN CRAIG L (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-12-26 | Common Stock | M | 39500 | — | Acquired | 584257 | Direct |
| 2014-12-26 | Common Stock | M | 39500 | — | Acquired | 623757 | Direct |
| 2014-12-26 | Common Stock | M | 25700 | — | Acquired | 649457 | Direct |
| 2014-12-26 | Common Stock | M | 25700 | — | Acquired | 675157 | Direct |
| 2014-12-26 | Common Stock | F | 68046 | $44.56 | Disposed | 607111 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-12-26 | Performance Stock Unit | $ | M | 39500 | Disposed | Common Stock (39500.0) | Direct | |
| 2014-12-26 | Performance Stock Unit | $ | M | 39500 | Disposed | Common Stock (39500.0) | Direct | |
| 2014-12-26 | Performance Stock Unit | $ | M | 25700 | Disposed | Common Stock (25700.0) | Direct | |
| 2014-12-26 | Performance Stock Unit | $ | M | 25700 | Disposed | Common Stock (25700.0) | Direct |
Footnotes
F1: Represents distribution of JEC common stock upon Board-approved accelerated vesting of performance stock units acquired on May 23, 2013, as a result of the reporting person's retirement as President and Chief Executive Officer and as a Director of the Company effective on December 26, 2014.
F2: The number of performance stock units that vested, and therefore the number of shares of JEC common stock issued upon vesting, represents 100% of the target number of performance stock units awarded.
F3: Represents distribution of JEC common stock upon Board-approved accelerated vesting of performance stock units acquired on May 22, 2014, as a result of the reporting person's retirement as President and Chief Executive Officer and as a Director of the Company effective on December 26, 2014.
F4: Represents number of shares of JEC common stock tendered for tax withholding on distribution of JEC common stock upon vesting of performance stock units.
F5: Each performance stock unit award represents a contingent right to receive one share of JEC common stock.
F6: The Board of Directors accelerated the vesting of the performance stock units to December 26, 2014 in connection with the reporting person's retirement.