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JACOBS SOLUTIONS INC. — Director's Dealing 2020
Dec 2, 2020
30334_dirs_2020-12-01_948a64ac-de84-423b-bbc5-a1164e4e86f9.zip
Director's Dealing
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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: PRAGADA ROBERT V (President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-27 | Common Stock | M | 15734 | — | Acquired | 124058 | Direct |
| 2020-11-27 | Common Stock | F | 6192 | $105.86 | Disposed | 117866 | Direct |
| 2020-11-27 | Common Stock | M | 15734 | — | Acquired | 133600 | Direct |
| 2020-11-27 | Common Stock | F | 6192 | $105.86 | Disposed | 127408 | Direct |
| 2020-11-27 | Common Stock | F | 1032 | $105.86 | Disposed | 126376 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-27 | Performance Stock Units | $0.00 | M | 15734 | Disposed | Common Stock (15734) | Direct | |
| 2020-11-27 | Performance Stock Units | $0.00 | M | 15734 | Disposed | Common Stock (15734) | 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: Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock.
F7: The performance stock units awarded vested on November 27, 2020.