Thomas A. Sansone - Oct 20, 2022 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 20, 2022
Transactions value $
-$203,014
Form type
4
Date filed
10/24/2022, 08:12 PM
Previous filing
Dec 29, 2021
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBL Common Stock Options Exercise $0 +3.4K +1.71% $0.00 202K Oct 21, 2022 Direct F1
transaction JBL Common Stock Disposed to Issuer -$203K -3.4K -1.68% $59.71 199K Oct 21, 2022 Direct
holding JBL Common Stock 600 Oct 20, 2022 By Spouse F2
holding JBL Common Stock 413K Oct 20, 2022 Life's Requite, Inc. F3
holding JBL Common Stock 904K Oct 20, 2022 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 +3.6K +105.88% $0.00 7K Oct 20, 2022 Common Stock 3.6K $0.00 Direct F5, F6
transaction JBL Restricted Stock Units Options Exercise -3.4K -48.57% 3.6K Oct 21, 2022 Common Stock 3.4K $0.00 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represented the right to receive a cash payment equal to the fair market value of a share of Janil Inc. common stock.
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 ("RSU") represents the right to recieve a cash payment equal to the fair market value of a share of Jabil Inc. common stock on the vesting date if such RSU becomes vested and non-forfeitable.
F6 The Grantee's rights and interests in the RSUs shall become vested and non-forfeitable at the rate of one hundred percent (100%) of the RSUs on October 20, 2023 and will be settled in cash as promptly as practicable after the vesting date buy in no event later than two and one-half (2 1/2) months after such vesting date.
F7 Each Restricted Stock Unit ("RSU") represented the right to recieve a cash payment equal to the fair market value of a share of Jabil Inc. common stock.
F8 The Grantee's rights and interests in the RSUs shall become vested and non-forfeitable at the rate of one hundred percent (100%) of the RSUs on October 21, 2022 and will be settled in cash as promptly as practicable after the vesting date buy in no event later than two and one-half (2 1/2) months after such vesting date.