SEC Form 4 · accession 0001225208-17-016456
JABIL INC · JBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Loparco
Officer — EVP, CEO, Engineered Solutions
Period of report
Oct 19, 2017
Accepted (ET)
Oct 23, 2017 · 4:20 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 Stock | Oct 19, 2017 | A | 32,780 | $0.00 | A | 268,728 | D | |
| Common Stock | Oct 19, 2017 | A | 16,390 | $0.00 | A | 285,118 | D | |
| Common Stock | Oct 19, 2017 | F | 2,517 | $28.99 | D | 282,601 | D | |
| Common Stock | Oct 19, 2017 | F | 10,249 | $28.99 | D | 272,352 | D | |
| Common Stock | Oct 19, 2017 | F | 17,916 | $0.00 | D | 254,436 | D | |
| Common Stock | Oct 19, 2017 | F | 18,220 | $0.00 | D | 236,216 | D | |
| Common StockF5 | holding | — | — | — | 11,930 | I | By Wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This represents the grant of a performance-based restricted stock unit award that provides for vesting at varying rates based on certain performance-based criteria. Each restricted stock unit represents the right to receive one share of Common Stock at vesting. The number of shares listed in Column 4 of Table I represents the maximum of shares that may be issued upon vesting of the award if the maximum target is met. Such award will vest, dependent upon the satisfaction of the applicable criteria, after August 31, 2019, the last day of the applicable performance period.
- F2This 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 vest at the rate of 30% of the shares on the 1st anniversary of the date of grant (which date of grant was 10/19/17), 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.
- F3This represents shares forfeited in connection with a performance-based restricted stock unit award that was granted on October 16, 2014 and certified on October 19, 2017 not to have satisfied performance metrics.
- F4This represents shares forfeited in connection with a performance-based restricted stock unit award that was granted on October 16, 2012 and certified on October 19, 2017 not to have satisfied performance metrics.
- F5The 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.