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JACOBS SOLUTIONS INC. — Director's Dealing 2020
Dec 2, 2020
30334_dirs_2020-12-01_e8e6a301-3ba1-44d9-ae0d-c5a87fb3e62b.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: Berryman Kevin C (President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-27 | Common Stock | M | 18510 | — | Acquired | 172317 | Direct |
| 2020-11-27 | Common Stock | M | 18510 | — | Acquired | 190827 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-27 | Performance Stock Units | $0.00 | M | 18510 | Disposed | Common Stock (18510) | Direct | |
| 2020-11-27 | Performance Stock Units | $0.00 | M | 18510 | Disposed | Common Stock (18510) | 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 earnings per share (EPS) growth over the three year performance period. The reporting person has elected to defer the receipt of shares issuable upon vesting of the performance stock units pursuant to the Company's Executive Deferral Plan.
F3: 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. The reporting person has elected to defer the receipt of shares issuable upon vesting of the performance stock units pursuant to the Company's Executive Deferral Plan.
F4: Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock.
F5: The performance stock units awarded vested on November 27, 2020.