Robert V. Pragada - Nov 17, 2021 Form 4 Insider Report for JACOBS ENGINEERING GROUP INC /DE/ (J)

Role
President & COO
Signature
Justin Johnson - Attorney-in-Fact for Robert V. Pragada
Stock symbol
J
Transactions as of
Nov 17, 2021
Transactions value $
$350,438
Form type
4
Date filed
11/19/2021, 06:15 PM
Previous filing
Nov 16, 2021
Next filing
Nov 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction J Common Stock Options Exercise +16.3K +10.34% 174K Nov 17, 2021 Direct F1, F2
transaction J Common Stock Tax liability -$934K -6.42K -3.69% $145.41 168K Nov 17, 2021 Direct F3
transaction J CommonStock Options Exercise +12.5K +7.46% 180K Nov 17, 2021 Direct F1, F4
transaction J Common Stock Tax liability -$716K -4.92K -2.73% $145.41 175K Nov 17, 2021 Direct F3
transaction J Common Stock Award $2M +13.8K +7.85% $145.41 189K Nov 17, 2021 Direct F5

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 Performance Stock Units Options Exercise -16.3K -100% 0 Nov 17, 2021 Common Stock 16.3K Direct F1, F2, F6, F7
transaction J Performance Stock Units Options Exercise -12.5K -100% 0 Nov 17, 2021 Common Stock 12.5K Direct F1, F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 Represents number of shares of Jacobs common stock tendered for tax withholding on distribution of Jacobs common stock upon vesting of performance stock units.
F4 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.
F5 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.
F6 Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock.
F7 The performance stock units awarded vested on November 17, 2021.