SEC Form 4 · accession 0001225208-15-005882
JABIL INC · JBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Loparco
Officer — EVP, CEO High Velocity, I&E
Period of report
Feb 24, 2015
Accepted (ET)
Feb 26, 2015 · 12:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000898293
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 24, 2015 | M | 1,000 | $21.56 | A | 189,673 | D | |
| Common StockF1 | Feb 24, 2015 | F | 16 | $22.59 | D | 189,657 | D | |
| Common StockF1 | Feb 24, 2015 | F | 954 | $22.59 | D | 188,703 | D | |
| Common StockF1,F2 | Feb 24, 2015 | S | 3,000 | $22.45 | D | 185,703 | D | |
| Common StockF1 | Feb 25, 2015 | S | 30 | $22.56 | D | 185,673 | D | |
| Common StockF3 | holding | — | — | — | 11,930 | I | By Wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF1,F5,F4 | $21.56 | Feb 24, 2015 | M | 1,000 | D | Jan 24, 2009 | Oct 23, 2017 | Common Stock | 1,000 | 9,000 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2Column 5 of Table I includes 596 shares acquired on December 31, 2014, under the 2011 Employee Stock Purchase Plan of Jabil Circuit, Inc.
- F3The reporting person disclaims beneficial ownership of the securities shown as being held by the reporting person's spouse, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F4Stock Appreciation Rights shall vest at the rate of one-twelfth of the initial shares subject to the award one year and three months after the date of grant (which date of grant was 10/24/2007), with an additional one-twelfth of the initial shares subject to the award vesting on the same calendar date of each successive three month period thereafter, with, as a result, all of the initial shares subject to the award vesting by four years from the date of grant; provided that in all instances the reporting person is an employee of, or consultant (as defined in the relevant stock incentive plan) to, the Company or a subsidiary (absent the reporting person being entitled to additional time to vest upon retirement).
- F5The derivative security is a stock appreciation right issued under the Issuer's 2002 Stock Incentive Plan. $0.00 has been inserted to satisfy the requirements to submit this form via the EDGAR system.