Key facts
- This page summarizes Steven J. Demetriou's Form 4 filing for JACOBS SOLUTIONS INC. (J).
- 6 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 20 Sep 2024, 17:13.
Steven J. Demetriou - 18 Sep 2024 Form 4 Insider Report for JACOBS SOLUTIONS INC. (J)
- Reporting relationship
- EXECUTIVE CHAIR, Director
- Issuer ticker
- J
- Reported as of
- 18 Sep 2024
- Net transaction value
- -$3,996,383
- SEC form
- 4
- Accepted by SEC
- 20 Sep 2024, 17:13:10 UTC
- Prior SEC filing
- 12 Sep 2024
- Next SEC filing
- 27 Sep 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Justin Johnson, Attorney-in-Fact for Steven J. Demetriou
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Steven J. Demetriou filed Form 4 for JACOBS SOLUTIONS INC. (J) on 20 Sep 2024.
Change
- Previous filing in this sequence was filed on 12 Sep 2024.
- Current net transaction value: -$3,996,383.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
J
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +15,646
- Change %
- +3%
- Price
- Shares after
- 542,784
- Date
- 18 Sep 2024
- Ownership
- Direct
- Footnotes
- F1, F2
J
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +12,501
- Change %
- +2.3%
- Price
- Shares after
- 555,285
- Date
- 18 Sep 2024
- Ownership
- Direct
- Footnotes
- F1, F3
J
transaction
Common Stock
Tax liability
- Transaction value
- $2,533,706
- Shares
- -17,409
- Change %
- -3.1%
- Price
- $145.54
- Shares after
- 537,876
- Date
- 18 Sep 2024
- Ownership
- Direct
- Footnotes
- F4
J
transaction
Common Stock
Tax liability
- Transaction value
- $1,462,677
- Shares
- -10,050
- Change %
- -1.9%
- Price
- $145.54
- Shares after
- 527,826
- Date
- 18 Sep 2024
- Ownership
- Direct
- Footnotes
- F5
J
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 23,550
- Date
- 18 Sep 2024
- Ownership
- By Spouse
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
J
transaction
Derivative
Performance Stock Units
Options Exercise
- Transaction value
- Shares
- -15,646
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 18 Sep 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 15,646
- Exercise price
- $0.000000
- Footnotes
- F1, F2, F6, F7
J
transaction
Derivative
Performance Stock Units
Options Exercise
- Transaction value
- Shares
- -12,501
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 18 Sep 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,501
- Exercise price
- $0.000000
- Footnotes
- F1, F3, F6, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 17, 2021 pursuant to the Jacobs Stock Incentive Plan.
Footnote F2
The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 63.2% of the number of performance stock units originally awarded on November 17, 2021, based on the Company's earnings per share (EPS) growth over the three-year performance period, with such percentages determined in accordance with the Employee Matters Agreement (the "EMA"), dated November 20, 2023, entered into by and between the issuer, Amazon Holdco Inc., and Amentum Parent Holdings LLC ("Amentum") in connection with the spin-off distribution of the issuer's Critical Mission Solutions and Cyber & Intelligence government services businesses and the merger of these businesses with Amentum (the "Transaction"). Per the EMA, performance stock units scheduled to vest in November 2024 received service credit for the full performance period.
Footnote F3
The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 50.5% of the number of performance stock units originally awarded on November 17, 2021 based on the Company's average return on invested capital (ROIC) over the three-year performance period, with such percentage determined in accordance with the EMA entered into by the issuer, Amazon Holdco Inc., and Amentum in connection with the Transaction. Per the EMA, performance stock units scheduled to vest in November 2024 received service credit for the full performance period.
Footnote F4
Represents number of shares of Jacobs common stock tendered for tax withholding upon vesting of restricted stock units pursuant to the Jacobs Stock Incentive Plan.
Footnote F5
Represents number of shares of Jacobs common stock tendered for tax withholding on distribution of Jacobs common stock upon vesting of performance stock units.
Footnote F6
Each performance stock unit represented a contingent right to receive one share of Jacobs common stock.
Footnote F7
The performance stock units vested on September 18, 2024.