Michael Dastoor - 19 Oct 2023 Form 4 Insider Report for JABIL INC (JBL)

Role
EVP, CFO
Signature
/s/ Lisa N. Clark, Attorney-in-Fact
Issuer symbol
JBL
Transactions as of
19 Oct 2023
Net transactions value
-$573,689
Form type
4
Filing time
23 Oct 2023, 19:04:49 UTC
Previous filing
19 Oct 2023
Next filing
26 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JBL Common Stock Award $0 +11,000 +7.1% $0.000000 165,985 19 Oct 2023 Direct F1
transaction JBL Common Stock Award $0 +8,250 +5% $0.000000 174,235 19 Oct 2023 Direct F1
transaction JBL Common Stock Award $0 +5,500 +3.2% $0.000000 179,735 19 Oct 2023 Direct F2
transaction JBL Common Stock Tax liability $166,053 -1,274 -0.71% $130.34 178,461 20 Oct 2023 Direct
transaction JBL Common Stock Tax liability $136,772 -1,094 -0.61% $125.02 177,367 21 Oct 2023 Direct
transaction JBL Common Stock Sale $20,463 -166 -0.09% $123.27 177,201 23 Oct 2023 Direct F3, F4
transaction JBL Common Stock Sale $82,262 -656 -0.37% $125.40 176,545 23 Oct 2023 Direct F3, F5
transaction JBL Common Stock Sale $168,138 -1,345 -0.76% $125.01 175,200 23 Oct 2023 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2021 Equity Incentive Plan ("Plan"), each representing the right to receive one share of Issuer's Common Stock upon vesting. The RSUs vest based on the achievement of certain performance-based criteria during the three-year period beginning September 1, 2023, and ending on August 31, 2026, subject to the terms of the Plan. 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.
F2 Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2021 Equity Incentive Plan ("Plan"), each representing the right to receive one share of Issuer's Common Stock upon 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 19, 2023), 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; subject to the terms of the Plan.
F3 This transaction was effected pursuant to Rule 10b5-1 plan adopted by the reporting person on December 23, 2022.
F4 The transactions reflected on this line were executed in multiple trades at prices ranging from $123.12 to $123.27, inclusive. The price reported above reflects the weighted average sale price for the shares set forth on this line. The reporting person hereby undertakes to provide upon request by the SEC Staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
F5 The transactions reflected on this line were executed in multiple trades at prices ranging from $125.27 to $125.48, inclusive. The price reported above reflects the weighted average sale price for the shares set forth on this line. The reporting person hereby undertakes to provide upon request by the SEC Staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
F6 The transactions reflected on this line were executed in multiple trades at prices ranging from $124.26 to $125.24, inclusive. The price reported above reflects the weighted average sale price for the shares set forth on this line. The reporting person hereby undertakes to provide upon request by the SEC Staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.