SEC Form 4 · accession 0001209191-16-123964
JACOBS SOLUTIONS INC. · J
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip J Stassi
Officer — PRESIDENT, B&I
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 3:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000052988
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF2,F1 | May 25, 2016 | M | 2,088 | — | A | 66,528 | D | |
| COMMON STOCKF3 | May 25, 2016 | F | 785 | $50.02 | D | 65,743 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PERFORMANCE STOCK UNITF2,F1,F4,F5 | $0.00 | May 25, 2016 | M | 2,088 | D | — | — | COMMON STOCK | 2,088 | 0 | D |
Explanation of responses
- F1Represents distribution of JEC common stock upon vesting of performance stock units awarded on May 23, 2013 pursuant to the 1999 Stock Incentive Plan.
- F2The number of performance stock units that vested, and therefore, the number of shares of JEC common stock issued upon vesting, represents 52.2% of the number of performance stock units initially awarded, with such percentage based on the stock price performance of JEC common stock relative to the stock price performance of a defined group of industry peers.
- F3Represents number of shares of JEC common stock tendered for tax withholding on distribution of JEC common stock upon vesting of performance stock units.
- F4Each performance stock unit award represented a contingent right to receive one share of JEC common stock.
- F5The performance stock units award vested on May 23, 2016.