Robert V. Pragada - Nov 16, 2022 Form 4 Insider Report for JACOBS SOLUTIONS INC. (J)

Role
President & COO
Signature
Justin Johnson - Attorney-in-Fact for Robert V. Pragada
Stock symbol
J
Transactions as of
Nov 16, 2022
Transactions value $
$1,462,060
Form type
4
Date filed
11/18/2022, 08:14 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 +17.2K +9.33% 201K Nov 16, 2022 Direct F1, F2
transaction J Common Stock Tax liability -$844K -6.76K -3.36% $124.88 195K Nov 16, 2022 Direct F3
transaction J Common Stock Options Exercise +10.7K +5.49% 205K Nov 16, 2022 Direct F1, F4
transaction J Common Stock Tax liability -$525K -4.21K -2.05% $124.88 201K Nov 16, 2022 Direct F3
transaction J Common Stock Award $3M +24K +11.95% $124.88 225K Nov 16, 2022 Direct F5
transaction J Common Stock Tax liability -$168K -1.35K -0.6% $124.26 224K Nov 17, 2022 Direct F6

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 -17.2K -100% 0 Nov 16, 2022 Common Stock 17.2K $0.00 Direct F1, F2, F7, F8
transaction J Performance Stock Units Options Exercise -10.7K -100% 0 Nov 16, 2022 Common Stock 10.7K $0.00 Direct F1, F4, F7, F8
* 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 in four equal annual installments beginning on the first anniversary of the 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 Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock.
F8 The performance stock units awarded vested on November 16, 2022.