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JACOBS SOLUTIONS INC. — Director's Dealing 2022
Nov 19, 2022
30334_dirs_2022-11-18_4ed8fc0f-cfe3-4761-8b62-1926e9ccb09f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: JACOBS SOLUTIONS INC. (J)
CIK: 0000052988
Period of Report: 2022-11-16
Reporting Person: Hill Patrick (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-16 | Common Stock | M | 3644 | — | Acquired | 47750 | Direct |
| 2022-11-16 | Common Stock | M | 2268 | — | Acquired | 50018 | Direct |
| 2022-11-16 | Common Stock | A | 4804 | $124.88 | Acquired | 54822 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-16 | Performance Stock Units | $0.00 | M | 3644 | Disposed | Common Stock (3644) | Direct | |
| 2022-11-16 | Performance Stock Units | $0.00 | M | 2268 | Disposed | Common Stock (2268) | Direct |
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: 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.
F4: 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 the grant date.
F5: Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock.
F6: The performance stock units awarded vested on November 16, 2022.