SEC Form 4 · accession 0001225208-16-040678
JABIL INC · JBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sergio Cadavid
Officer — SVP, Treasurer
Period of report
Oct 19, 2016
Accepted (ET)
Oct 21, 2016 · 3:36 pm EDT
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 | Oct 19, 2016 | A | 11,390 | $0.00 | A | 85,975 | D | |
| Common Stock | Oct 20, 2016 | F | 15,260 | $0.00 | D | 70,715 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This represents the grant of a restricted stock unit award. Each restricted stock unit represents the right to receive one share of Common Stock at vesting. The restricted stock units will become vested at the rate of 30% of the shares on the 1st anniversary of the date of grant (which date of grant was 10/19/16), and 30% of the shares on the 2nd anniversary of the date of grant, and the remaining 40% of the shares on the 3rd anniversary of the date of grant, provided that in all instances the reporting person is an employee of, or consultant (as defined in the Plan) to the Company or subsidiary; provided, however, that death, disability or certain retirement events before those stated vesting dates will not result in forfeiture of the award or specified portions of the award.