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

Role
Executive Vice President
Signature
Justin Johnson - Attorney-in-Fact for Patrick Hill
Stock symbol
J
Transactions as of
Nov 16, 2022
Transactions value $
$599,924
Form type
4
Date filed
11/18/2022, 08:10 PM
Previous filing
Nov 19, 2021
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction J Common Stock Options Exercise +3.64K +8.26% 47.8K Nov 16, 2022 Direct F1, F2
transaction J Common Stock Options Exercise +2.27K +4.75% 50K Nov 16, 2022 Direct F1, F3
transaction J Common Stock Award $600K +4.8K +9.6% $124.88 54.8K Nov 16, 2022 Direct F4

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 -3.64K -100% 0 Nov 16, 2022 Common Stock 3.64K $0.00 Direct F1, F2, F5, F6
transaction J Performance Stock Units Options Exercise -2.27K -100% 0 Nov 16, 2022 Common Stock 2.27K $0.00 Direct F1, F3, F5, F6
* 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 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.
F4 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 the grant date.
F5 Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock.
F6 The performance stock units awarded vested on November 16, 2022.