Patrick Hill - 17 Nov 2023 Form 4 Insider Report for JACOBS SOLUTIONS INC. (J)

Role
Executive Vice President
Signature
Justin Johnson - Attorney-in-Fact for Patrick Hill
Issuer symbol
J
Transactions as of
17 Nov 2023
Transactions value $
$0
Form type
4
Filing time
21 Nov 2023, 17:23:05 UTC
Previous filing
17 Nov 2023
Next filing
12 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction J Common Stock Options Exercise +4,267 +6.92% 65,968 17 Nov 2023 Direct F1, F2
transaction J Common Stock Options Exercise +2,251 +3.41% 68,219 17 Nov 2023 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction J Performance Stock Units Options Exercise -4,267 -100% 0 17 Nov 2023 Common Stock 4,267 $0 Direct F1, F2, F4, F5
transaction J Performance Stock Units Options Exercise -2,251 -100% 0 17 Nov 2023 Common Stock 2,251 $0 Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 18, 2020 pursuant to the Company's 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 149.7% 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 79% 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 Each performance stock unit represented a contingent right to receive one share of Jacobs common stock.
F5 The performance stock units vested on November 17, 2023.