Mihir Shah - Dec 16, 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
Stock symbol: JLL
Transactions as of: Dec 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/20/2021, 03:02 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.

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.