Yishai Lerner - Dec 16, 2021 Form 4 Insider Report for JONES LANG LASALLE INC (JLL)

Signature
/s/ Alan K. Tse, attorney-in-fact for Yishai Lerner
Stock symbol
JLL
Transactions as of
Dec 16, 2021
Transactions value $
$0
Form type
4
Date filed
12/20/2021, 03:01 PM
Previous filing
Oct 18, 2021
Next filing
Jan 20, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JLL Performance Share Units Award $0 +25.5K $0.00 25.5K Dec 16, 2021 Common Stock 25.5K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance share units convert into in an equal number of shares of common stock.
F2 On December 16, 2021, the Reporting Person was granted 25,467.00 Performance Share Units. Upon the Company's determination that the Performance Goal (50% appreciation in share price in JLL common stock over the Grant Price during the Performance Period which runs through December 31, 2024) has been attained and subject to a minimum of one (1) year having lapsed from the Grant Date (the "Initial Vesting Date"), 50% of the Performance Share Units will vest. An additional 25% of the Performance Share Units will vest on the first anniversary of the Initial Vesting Date. The remaining 25% of Performance Share Units will vest on the second anniversary of the Initial Vesting Date.