Steven J. Demetriou - Nov 16, 2022 Form 4 Insider Report for JACOBS SOLUTIONS INC. (J)

Signature
Justin Johnson - Attorney-in-Fact for Steven J. Demetriou
Stock symbol
J
Transactions as of
Nov 16, 2022
Transactions value $
-$10,911,242
Form type
4
Date filed
11/18/2022, 08:08 PM
Previous filing
Nov 15, 2022
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction J Common Stock Options Exercise +59.9K +10.77% 616K Nov 16, 2022 Direct F1, F2
transaction J Common Stock Tax liability -$2.94M -23.6K -3.83% $124.88 592K Nov 16, 2022 Direct F3
transaction J Common Stock Options Exercise +37.3K +6.29% 629K Nov 16, 2022 Direct F1, F4
transaction J Common Stock Tax liability -$1.83M -14.7K -2.33% $124.88 615K Nov 16, 2022 Direct F3
transaction J Common Stock Award $2.5M +20K +3.26% $124.88 635K Nov 16, 2022 Direct F5
transaction J Common Stock Tax liability -$404K -3.25K -0.51% $124.26 631K Nov 17, 2022 Direct F6
transaction J Common Stock Options Exercise $2.25M +51.1K +8.1% $43.94 683K Nov 17, 2022 Direct F7
transaction J Common Stock Sale -$2.08M -16.9K -2.48% $123.23 666K Nov 17, 2022 Direct F8
transaction J Common Stock Sale -$4.06M -32.7K -4.92% $124.07 633K Nov 17, 2022 Direct F9
transaction J Common Stock Sale -$187K -1.5K -0.24% $124.85 631K Nov 17, 2022 Direct F10
transaction J Common Stock Options Exercise $2.25M +51.1K +8.1% $43.94 683K Nov 18, 2022 Direct F7
transaction J Common Stock Sale -$1.89M -15.2K -2.22% $124.63 667K Nov 18, 2022 Direct F11
transaction J Common Stock Sale -$4.33M -34.6K -5.18% $125.27 633K Nov 18, 2022 Direct F12
transaction J Common Stock Sale -$180K -1.43K -0.23% $125.99 631K Nov 18, 2022 Direct F13
holding J Common Stock 14.3K Nov 16, 2022 By spouse

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 -59.9K -100% 0 Nov 16, 2022 Common Stock 59.9K $0.00 Direct F1, F2, F14, F15
transaction J Performance Stock Units Options Exercise -37.3K -100% 0 Nov 16, 2022 Common Stock 37.3K $0.00 Direct F1, F4, F14, F15
transaction J Stock Options Options Exercise $0 -51.1K -100% $0.00* 0 Nov 17, 2022 Common Stock 51.1K $43.94 Direct F7, F16
transaction J Stock Options Options Exercise $0 -51.1K -100% $0.00* 0 Nov 18, 2022 Common Stock 51.1K $43.94 Direct F7, F16
* 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 13, 2019 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 161.8% 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 100.7% 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 on the first anniversary of grant date.
F6 Represents number of shares of Jacobs common stock tendered for tax withholding upon vesting of restricted stock units pursuant to the Company's 1999 Stock Incentive Plan.
F7 The sale and exercise were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2022.
F8 This transaction was executed in multiple trades at prices ranging from $122.69 to $123.67. 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.
F9 This transaction was executed in multiple trades at prices ranging from $123.71 to $124.71. 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.
F10 This transaction was executed in multiple trades at prices ranging from $124.72 to $125.00. 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.
F11 This transaction was executed in multiple trades at prices ranging from $123.90 to $124.89. 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.
F12 This transaction was executed in multiple trades at prices ranging from $124.90 to $125.90. 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.
F13 This transaction was executed in multiple trades at prices ranging from $125.92 to $126.09. 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.
F14 Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock.
F15 The performance stock units awarded vested on November 16, 2022.
F16 Stock options are fully vested.