ROBERT PRAGADA V. - 16 Nov 2022 Form 4 Insider Report for JACOBS SOLUTIONS INC. (J)

Role: President & COO
Signature: Justin Johnson - Attorney-in-Fact for Robert V. Pragada
Issuer symbol: J
Transactions as of: 16 Nov 2022
Net transactions value: +$1,462,060
Form type: 4
Filing time: 18 Nov 2022, 20:14:28 UTC
Previous filing: 15 Nov 2022
Next filing: 22 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	J	Common Stock	Options Exercise		+17,182	+9.3%		201,352	16 Nov 2022	Direct	F1, F2
transaction	J	Common Stock	Tax liability	$844,439	-6,762	-3.4%	$124.88	194,590	16 Nov 2022	Direct	F3
transaction	J	Common Stock	Options Exercise		+10,692	+5.5%		205,282	16 Nov 2022	Direct	F1, F4
transaction	J	Common Stock	Tax liability	$525,495	-4,208	-2%	$124.88	201,074	16 Nov 2022	Direct	F3
transaction	J	Common Stock	Award	$3,000,117	+24,024	+12%	$124.88	225,098	16 Nov 2022	Direct	F5
transaction	J	Common Stock	Tax liability	$168,124	-1,353	-0.6%	$124.26	223,745	17 Nov 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		-17,182	-100%		0	16 Nov 2022	Common Stock	17,182	$0.000000	Direct	F1, F2, F7, F8
transaction	J	Performance Stock Units	Options Exercise		-10,692	-100%		0	16 Nov 2022	Common Stock	10,692	$0.000000	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.