JACOBS SOLUTIONS INC. — Director's Dealing 2022

Nov 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JACOBS SOLUTIONS INC. (J)
CIK: 0000052988
Period of Report: 2022-11-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-16	Common Stock	M	59882	—	Acquired	615636	Direct
2022-11-16	Common Stock	F	23564	$124.88	Disposed	592072	Direct
2022-11-16	Common Stock	M	37268	—	Acquired	629340	Direct
2022-11-16	Common Stock	F	14665	$124.88	Disposed	614675	Direct
2022-11-16	Common Stock	A	20020	$124.88	Acquired	634695	Direct
2022-11-17	Common Stock	F	3248	$124.26	Disposed	631447	Direct
2022-11-17	Common Stock	M	51129	$43.94	Acquired	682576	Direct
2022-11-17	Common Stock	S	16908	$123.227	Disposed	665668	Direct
2022-11-17	Common Stock	S	32721	$124.073	Disposed	632947	Direct
2022-11-17	Common Stock	S	1500	$124.845	Disposed	631447	Direct
2022-11-18	Common Stock	M	51130	$43.94	Acquired	682577	Direct
2022-11-18	Common Stock	S	15153	$124.63	Disposed	667424	Direct
2022-11-18	Common Stock	S	34551	$125.27	Disposed	632873	Direct
2022-11-18	Common Stock	S	1426	$125.99	Disposed	631447	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-16	Performance Stock Units	$0.00	M	59882	Disposed		Common Stock (59882)	Direct
2022-11-16	Performance Stock Units	$0.00	M	37268	Disposed		Common Stock (37268)	Direct
2022-11-17	Stock Options	$43.94	M	51129	Disposed	2025-08-17	Common Stock (51129)	Direct
2022-11-18	Stock Options	$43.94	M	51130	Disposed	2025-08-17	Common Stock (51130)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14300	Indirect

Footnotes

F1: Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 13, 2019 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 161.8% 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 100.7% 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 on the first anniversary of grant date.

F6: Represents number of shares of Jacobs common stock tendered for tax withholding upon vesting of restricted stock units pursuant to the Company's 1999 Stock Incentive Plan.

F7: The sale and exercise were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2022.

F8: This transaction was executed in multiple trades at prices ranging from $122.69 to $123.67. 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.

F9: This transaction was executed in multiple trades at prices ranging from $123.71 to $124.71. 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.

F10: This transaction was executed in multiple trades at prices ranging from $124.72 to $125.00. 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.

F11: This transaction was executed in multiple trades at prices ranging from $123.90 to $124.89. 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.

F12: This transaction was executed in multiple trades at prices ranging from $124.90 to $125.90. 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.

F13: This transaction was executed in multiple trades at prices ranging from $125.92 to $126.09. 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.

F14: Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock.

F15: The performance stock units awarded vested on November 16, 2022.

F16: Stock options are fully vested.