SEC Form 4 · accession 0001225208-18-014817
JABIL INC · JBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven D Borges
Officer — EVP, CEO, Healthcare
Period of report
Oct 18, 2018
Accepted (ET)
Oct 22, 2018 · 9:24 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 18, 2018 | A | 35,080 | $0.00 | A | 294,532 | D | |
| Common Stock | Oct 18, 2018 | A | 26,310 | $0.00 | A | 320,842 | D | |
| Common Stock | Oct 18, 2018 | A | 17,540 | $0.00 | A | 338,382 | D | |
| Common Stock | Oct 18, 2018 | D | 19,503 | $0.00 | D | 318,879 | D | |
| Common Stock | Oct 18, 2018 | D | 25,005 | $0.00 | D | 293,874 | D | |
| Common Stock | Oct 19, 2018 | F | 2,176 | $23.91 | D | 291,698 | D | |
| Common Stock | Oct 19, 2018 | F | 4,061 | $23.93 | D | 287,637 | D |
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 ("RSU") award under Issuer's 2011 Stock Award and Incentive Plan that provides for vesting rates based on certain performance-based criteria. Each RSU represents the right to receive one share of Issuer's Common Stock at vesting. The number of shares listed in Column 4 of Table I represents the maximum number 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 during the three-year period beginning September 1, 2018 and ending on August 31, 2021, the last day of the applicable performance period.
- F2This represents the grant of a restricted stock unit ("RSU") award under Issuer's 2011 Stock Award and Incentive Plan. Each RSU represents the right to receive one share of Issuer's Common Stock at vesting. The RSUs vest at the rate of 30% of the shares on the 1st anniversary of the date of grant (which date of grant was 10/18/18), 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 performance-based restricted stock units originally granted under Issuer's 2011 Stock Award and Incentive Plan on October 14, 2015 and certified on October 18, 2018 not to have satisfied performance metrics.