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: ALLEN WILLIAM B JR (SENIOR VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-17	Common Stock	M	2966	—	Acquired	19939	Direct
2021-11-17	Common Stock	F	723	$145.41	Disposed	19216	Direct
2021-11-17	Common Stock	M	2273	—	Acquired	21489	Direct
2021-11-17	Common Stock	F	554	$145.41	Disposed	20935	Direct
2021-11-17	Common Stock	A	1169	$145.41	Acquired	22104	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-17	Performance Stock Units	$0.00	M	2966	Disposed		Common Stock (2966)	Direct
2021-11-17	Performance Stock Units	$0.00	M	2273	Disposed		Common Stock (2273)	Direct

Footnotes

F1: 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.

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.

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 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.

F5: 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.

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 17, 2021.