Thomas A. Sansone - Oct 21, 2021 Form 4 Insider Report for JABIL INC (JBL)

Role
Director
Signature
/s/ Lisa N. Clark, Attorney-in-Fact
Stock symbol
JBL
Transactions as of
Oct 21, 2021
Transactions value $
-$361,688
Form type
4
Date filed
10/26/2021, 06:00 AM
Previous filing
Aug 2, 2021
Next filing
Dec 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBL Common Stock Disposed to Issuer -$362K -5.8K -2.83% $62.36 199K Oct 21, 2021 Direct F1
holding JBL Common Stock 600 Oct 21, 2021 By Spouse F2
holding JBL Common Stock 288K Oct 21, 2021 Life's Requite, Inc. F3
holding JBL Common Stock 1.34M Oct 21, 2021 TASAN Ltd Partnrship 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 JBL Restricted Stock Units Award $0 +3.4K $0.00 3.4K Oct 21, 2021 Common Stock 3.4K $0.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settled in cash.
F2 The reporting person disclaims beneficial ownership of the securities shown as being held by the reporting person's spouse, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F3 Mr. Sansone is a director of Life's Requite, Inc., a private charitable foundation, and may be deemed to have shared voting and dispositive power over shares held by the foundation.
F4 TAS Management, Inc., of which Mr. Sansone is the president, is the sole general partner of TASAN Limited Partnership.
F5 Each Restricted Stock Unit represents the right to receive a cash payment equal to the Fair Market Value of a share of Jabil Inc. common stock on the vesting date if such Restricted Stock Unit becomes vested and non-forfeitable.
F6 The Grantee's rights and interest in the Restricted Stock Units shall become vested and non-forfeitable at the rate of one hundred percent (100%) of the Restricted Stock Units on October 21, 2022 and will be settled in cash as promptly as practicable after the vesting date but in no event later than two and one-half (2-1/2) months after such vesting date.