Robert V. Pragada - Nov 17, 2023 Form 4 Insider Report for JACOBS SOLUTIONS INC. (J)

Role
Chief Executive Officer
Signature
Justin Johnson - Attorney-in-Fact for Robert V. Pragada
Stock symbol
J
Transactions as of
Nov 17, 2023
Transactions value $
-$1,575,531
Form type
4
Date filed
11/21/2023, 05:27 PM
Previous filing
Nov 20, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction J Common Stock Options Exercise +14.9K +6.04% 262K Nov 17, 2023 Direct F1, F2
transaction J Common Stock Tax liability -$795K -5.88K -2.24% $135.32 256K Nov 17, 2023 Direct F3
transaction J Common Stock Options Exercise +7.88K +3.07% 264K Nov 17, 2023 Direct F1, F4
transaction J Common Stock Tax liability -$420K -3.1K -1.17% $135.32 261K Nov 17, 2023 Direct F3
transaction J Common Stock Tax liability -$360K -2.66K -1.02% $135.32 259K Nov 17, 2023 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 -14.9K -100% 0 Nov 17, 2023 Common Stock 14.9K $0.00 Direct F1, F2, F6, F7
transaction J Performance Stock Units Options Exercise -7.88K -100% 0 Nov 17, 2023 Common Stock 7.88K $0.00 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 18, 2020 pursuant to the Company's 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 149.7% 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 79% 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 number of shares of Jacobs common stock tendered for tax withholding upon vesting of restricted stock units pursuant to the Company's Stock Incentive Plan.
F6 Each performance stock unit represented a contingent right to receive one share of Jacobs common stock.
F7 The performance stock units vested on November 17, 2023.