Steven J. Demetriou - 17 Nov 2021 Form 4 Insider Report for JACOBS ENGINEERING GROUP INC /DE/ (J)

Signature
Justin Johnson - Attorney-in-Fact for Steven J. Demetriou
Issuer symbol
J
Transactions as of
17 Nov 2021
Net transactions value
-$13,243,811
Form type
4
Filing time
19 Nov 2021, 18:06:39 UTC
Previous filing
16 Nov 2021
Next filing
22 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction J Common Stock Options Exercise $4,220,105 +98,739 +21% $42.74 575,613 17 Nov 2021 Direct F1
transaction J Common Stock Sale $6,812,590 -46,908 -8.1% $145.23 528,705 17 Nov 2021 Direct F2
transaction J Common Stock Sale $4,619,808 -31,659 -6% $145.92 497,046 17 Nov 2021 Direct F3
transaction J Common Stock Sale $2,959,878 -20,172 -4.1% $146.73 476,874 17 Nov 2021 Direct F4
transaction J Common Stock Options Exercise +77,854 +16% 554,728 17 Nov 2021 Direct F5, F6
transaction J Common Stock Tax liability $4,454,781 -30,636 -5.5% $145.41 524,092 17 Nov 2021 Direct F7
transaction J Common Stock Options Exercise +59,713 +11% 583,805 17 Nov 2021 Direct F5, F8
transaction J Common Stock Tax liability $3,416,844 -23,498 -4% $145.41 560,307 17 Nov 2021 Direct F7
transaction J Common Stock Award $4,799,984 +33,010 +5.9% $145.41 593,317 17 Nov 2021 Direct F9

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 J Stock Options Options Exercise $0 -98,739 -100% $0.000000* 0 17 Nov 2021 Common Stock 98,739 $42.74 Direct F1, F10
transaction J Performance Stock Units Options Exercise -77,854 -100% 0 17 Nov 2021 Common Stock 77,854 $0.000000 Direct F5, F6, F11, F12
transaction J Performance Stock Units Options Exercise -59,713 -100% 0 17 Nov 2021 Common Stock 59,713 $0.000000 Direct F5, F8, F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale and exercise were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 10, 2021.
F2 This transaction was executed in multiple trades at prices ranging from $144.50 to $145.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $145.51 to $146.51. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $146.52 to $147.05. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 7, 2018 pursuant to the Company's 1999 Stock Incentive Plan.
F6 The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 200% of the number of performance stock units initially awarded, with such percentage based on the Company's earnings per share (EPS) growth over the three year performance period.
F7 Represents number of shares of Jacobs common stock tendered for tax withholding on distribution of Jacobs common stock upon vesting of performance stock units.
F8 The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 153.4% of the number of performance stock units initially awarded, with such percentage based on the Company's average return on invested capital (ROIC) over the three year performance period.
F9 Represents the receipt of restricted stock units pursuant to the Company's 1999 Stock Incentive Plan. Each restricted stock unit represents the right to receive one share of Jacobs common stock. The restricted stock unit vests in four equal annual installments beginning on the first anniversary of grant date.
F10 Stock options are fully vested.
F11 Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock.
F12 The performance stock units awarded vest on November 17, 2021.