Mark T. Mondello - Oct 21, 2021 Form 4 Insider Report for JABIL INC (JBL)

Signature
/s/ Lisa N. Clark, Attorney-in-Fact
Stock symbol
JBL
Transactions as of
Oct 21, 2021
Transactions value $
-$6,451,737
Form type
4
Date filed
10/25/2021, 09:34 PM
Previous filing
Oct 19, 2021
Next filing
Nov 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBL Common Stock Award $0 +106K +5.14% $0.00 2.18M Oct 21, 2021 Direct F1
transaction JBL Common Stock Award $0 +79.8K +3.66% $0.00 2.26M Oct 21, 2021 Direct F1
transaction JBL Common Stock Award $0 +53.2K +2.36% $0.00 2.31M Oct 21, 2021 Direct F2
transaction JBL Common Stock Tax liability -$2.58M -41.9K -1.81% $61.62 2.27M Oct 21, 2021 Direct
transaction JBL Common Stock Tax liability -$3.87M -62.8K -2.77% $61.62 2.21M Oct 21, 2021 Direct
transaction JBL Common Stock Disposed to Issuer $0 -106K -4.82% $0.00 2.1M Oct 21, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents the grant of a performance-based restricted stock unit ("RSU") award under the Jabil Inc. 2021 Equity Incentive Plan that provides for vesting rates based on certain performance-based criteria. Each RSU represents the right to receive one share of Issuer's Common Stock at vesting. The number of shares listed in Column 4 of Table I represents the maximum number of shares that may be issued upon vesting of the award if the maximum target is met. Such award will vest dependent upon the satisfaction of the applicable criteria during the three-year period beginning September 1, 2021 and ending on August 31, 2024, the last day of the applicable performance period.
F2 This represents the grant of a restricted stock unit ("RSU") award under the Jabil Inc. 2021 Equity Incentive Plan. Each RSU represents the right to receive one share of Issuer's Common Stock at vesting. The RSUs vest at the rate of 30% of the shares on the first anniversary of the date of grant (which date of grant was October 21, 2021), 30% of the shares on the second anniversary of the date of grant, and the remaining 40% of the shares on the third anniversary of the date of grant.