JACOBS SOLUTIONS INC. — Director's Dealing 2021

Nov 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JACOBS ENGINEERING GROUP INC /DE/ (J)
CIK: 0000052988
Period of Report: 2021-11-17

Reporting Person: DEMETRIOU STEVEN J. (Director, CHAIR AND CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-17	Common Stock	M	98739	$42.74	Acquired	575613	Direct
2021-11-17	Common Stock	S	46908	$145.233	Disposed	528705	Direct
2021-11-17	Common Stock	S	31659	$145.924	Disposed	497046	Direct
2021-11-17	Common Stock	S	20172	$146.732	Disposed	476874	Direct
2021-11-17	Common Stock	M	77854	—	Acquired	554728	Direct
2021-11-17	Common Stock	F	30636	$145.41	Disposed	524092	Direct
2021-11-17	Common Stock	M	59713	—	Acquired	583805	Direct
2021-11-17	Common Stock	F	23498	$145.41	Disposed	560307	Direct
2021-11-17	Common Stock	A	33010	$145.41	Acquired	593317	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-17	Stock Options	$42.74	M	98739	Disposed	2025-11-19	Common Stock (98739)	Direct
2021-11-17	Performance Stock Units	$0.00	M	77854	Disposed		Common Stock (77854)	Direct
2021-11-17	Performance Stock Units	$0.00	M	59713	Disposed		Common Stock (59713)	Direct

Footnotes

F1: The sale and exercise were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 10, 2021.

F2: This transaction was executed in multiple trades at prices ranging from $144.50 to $145.50. The price reported above reflects the weighted average sale price.
The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: This transaction was executed in multiple trades at prices ranging from $145.51 to $146.51. The price reported above reflects the weighted average sale price.
The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4: This transaction was executed in multiple trades at prices ranging from $146.52 to $147.05. The price reported above reflects the weighted average sale price.
The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F5: Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 7, 2018 pursuant to the Company's 1999 Stock Incentive Plan.

F6: 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.

F7: Represents number of shares of Jacobs common stock tendered for tax withholding on distribution of Jacobs common stock upon vesting of performance stock units.

F8: The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 153.4% 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.

F9: Represents the receipt of restricted stock units pursuant to the Company's 1999 Stock Incentive Plan. Each restricted stock unit represents the right to receive one share of Jacobs common stock. The restricted stock unit vests in four equal annual installments beginning on the first anniversary of grant date.

F10: Stock options are fully vested.

F11: Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock.

F12: The performance stock units awarded vest on November 17, 2021.