AI assistant
JACOBS SOLUTIONS INC. — Director's Dealing 2017
May 24, 2017
30334_dirs_2017-05-24_e39f4286-e5b8-47a7-933a-61bd4a71328c.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: 2017-05-22
Reporting Person: Berryman Kevin C (EXECUTIVE VICE PRESIDENT)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-22 | COMMON STOCK | M | 1552 | — | Acquired | 87652 | Direct |
| 2017-05-22 | COMMON STOCK | F | 425 | $52.88 | Disposed | 87227 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-22 | PERFORMANCE STOCK UNIT | $0.00 | M | 1552 | Disposed | COMMON STOCK (1552) | Direct |
Footnotes
F1: Represents distribution of JEC common stock upon vesting of performance stock units awarded on May 22, 2014 pursuant to the 1999 Stock Incentive Plan.
F2: The number of performance stock units that vested, and therefore the number of shares of JEC common stock issued upon vesting, represents 19.4% of the number of performance stock units initially awarded, with such percentage based on the growth of the Company's net earnings over the three year vesting period.
F3: Represents number of shares of JEC common stock tendered for tax withholding on distribution of JEC common stock upon vesting of performance stock units.
F4: Each performance stock unit award represented a contingent right to receive one share of JEC common stock.
F5: The performance stock units awarded vested on May 22, 2017.