Mihir Shah - 16 Dec 2021 Form 4 Insider Report for JONES LANG LASALLE INC (JLL)

Role: Co-CEO JLL Technologies
Signature: /s/ Alan K. Tse, attorney-in-fact for Mihir Shah
Issuer symbol: JLL
Transactions as of: 16 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 20 Dec 2021, 15:02:42 UTC
Previous filing: 18 Oct 2021
Next filing: 20 Jan 2022
SEC: View on sec.gov

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	+25,467		$0.000000	25,467	16 Dec 2021	Common Stock	25,467	$0.000000	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.

Content

Performance share units convert into in an equal number of shares of common stock.

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.