JACOBS SOLUTIONS INC. — Director's Dealing 2020

Dec 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JACOBS ENGINEERING GROUP INC /DE/ (J)
CIK: 0000052988
Period of Report: 2020-11-27

Reporting Person: Tyler Michael R (SVP & GENERAL COUNSEL)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-27	Common Stock	M	9254	—	Acquired	34383	Direct
2020-11-27	Common Stock	F	4589	$105.86	Disposed	29794	Direct
2020-11-27	Common Stock	M	9254	—	Acquired	39048	Direct
2020-11-27	Common Stock	F	4589	$105.86	Disposed	34459	Direct
2020-11-27	Common Stock	F	766	$105.86	Disposed	33693	Direct
2020-11-30	Common Stock	S	9330	$106.16	Disposed	24363	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-27	Performance Stock Units	$0.00	M	9254	Disposed		Common Stock (9254)	Direct
2020-11-27	Performance Stock Units	$0.00	M	9254	Disposed		Common Stock (9254)	Direct

Footnotes

F1: Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 29, 2017 pursuant to the Company's 1999 Stock Incentive Plan.

F2: The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 200% of the number of performance stock units initially awarded, with such percentage based on the Company's average return on invested capital (ROIC) over the three year performance period.

F3: Represents number of shares of Jacobs common stock tendered for tax withholding on distribution of Jacobs common stock upon vesting of performance stock units.

F4: The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 200% of the number of performance stock units initially awarded, with such percentage based on the Company's earnings per share (EPS) growth over the three year performance period.

F5: Represents shares surrendered to satisfy tax withholding liabilities upon vesting of restricted stock units.

F6: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 31, 2020.

F7: Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock.

F8: The performance stock units awarded vested on November 27, 2020.