Stephen A. Arnette - 18 Sep 2024 Form 4 Insider Report for JACOBS SOLUTIONS INC. (J)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Sep 2024, 17:16:54 UTC
Prior SEC filing
05 Mar 2024
Next SEC filing
04 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Justin Johnson, Attorney-in-Fact for Arnette Stephen A

Key filing fact

Stephen A. Arnette filed Form 4 for JACOBS SOLUTIONS INC. (J) on 20 Sep 2024.

Key facts

  • This page summarizes Stephen A. Arnette's Form 4 filing for JACOBS SOLUTIONS INC. (J).
  • 18 reported transactions and 8 derivative rows are listed below.
  • Accepted by SEC: 20 Sep 2024, 17:16.

Change

  • Previous filing in this sequence was filed on 05 Mar 2024.
  • Current net transaction value: -$663,517.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

J transaction

Common Stock

Options Exercise

Transaction value
Shares
+422
Change %
+1.8%
Price
Shares after
24,307
Date
18 Sep 2024
Ownership
Direct
Footnotes
F1, F2
J transaction

Common Stock

Options Exercise

Transaction value
Shares
+338
Change %
+1.4%
Price
Shares after
24,645
Date
18 Sep 2024
Ownership
Direct
Footnotes
F1, F3
J transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,010
Change %
+4.1%
Price
Shares after
25,655
Date
18 Sep 2024
Ownership
Direct
Footnotes
F4, F5
J transaction

Common Stock

Options Exercise

Transaction value
Shares
+807
Change %
+3.1%
Price
Shares after
26,462
Date
18 Sep 2024
Ownership
Direct
Footnotes
F4, F6
J transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,400
Change %
+5.3%
Price
Shares after
27,862
Date
18 Sep 2024
Ownership
Direct
Footnotes
F7, F8
J transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,748
Change %
+6.3%
Price
Shares after
29,610
Date
18 Sep 2024
Ownership
Direct
Footnotes
F7, F9
J transaction

Common Stock

Options Exercise

Transaction value
Shares
+989
Change %
+3.3%
Price
Shares after
30,599
Date
18 Sep 2024
Ownership
Direct
Footnotes
F10, F11
J transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,044
Change %
+3.4%
Price
Shares after
31,643
Date
18 Sep 2024
Ownership
Direct
Footnotes
F10, F12
J transaction

Common Stock

Tax liability

Transaction value
$240,287
Shares
-1,651
Change %
-5.2%
Price
$145.54
Shares after
29,992
Date
18 Sep 2024
Ownership
Direct
Footnotes
F13
J transaction

Common Stock

Tax liability

Transaction value
$423,230
Shares
-2,908
Change %
-9.7%
Price
$145.54
Shares after
27,084
Date
18 Sep 2024
Ownership
Direct
Footnotes
F14

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
-422
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
422
Exercise price
$0.000000
Footnotes
F1, F2, F15, F16
J transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
Shares
-338
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
338
Exercise price
$0.000000
Footnotes
F1, F3, F15, F16
J transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
Shares
-1,010
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,010
Exercise price
$0.000000
Footnotes
F4, F5, F15, F16
J transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
Shares
-807
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
807
Exercise price
$0.000000
Footnotes
F4, F6, F15, F16
J transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
Shares
-1,400
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,400
Exercise price
$0.000000
Footnotes
F7, F8, F15, F16
J transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
Shares
-1,748
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,748
Exercise price
$0.000000
Footnotes
F7, F9, F15, F16
J transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
Shares
-989
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
989
Exercise price
$0.000000
Footnotes
F10, F11, F15, F16
J transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
Shares
-1,044
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,044
Exercise price
$0.000000
Footnotes
F10, F12, F15, F16
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 16 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 distribution of Jacobs common stock upon vesting of performance stock units awarded on March 2, 2022 pursuant to the Jacobs Stock Incentive Plan.

Footnote F5

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 March 2, 2022, based on the Company's EPS growth over the three-year performance period, with such percentages 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 F6

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 March 2, 2022 based on the Company's average 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 F7

Represents distribution of Jacobs' common stock upon vesting of performance stock units awarded on November 16, 2022 pursuant to pursuant to the Jacobs Stock Incentive Plan.

Footnote F8

The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 72.9% of the number of performance stock units originally awarded on November 16, 2022, based on the Company's EPS growth over the three-year performance period, with such percentages 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 2025 received service credit for two-thirds of the performance period.

Footnote F9

The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 91.0% of the number of performance stock units originally awarded on November 16, 2022 based on the Company's average 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 2025 received service credit for two-thirds of the performance period.

Footnote F10

Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 15, 2023 pursuant to the Jacobs Stock Incentive Plan.

Footnote F11

The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 90.3% of the number of performance stock units originally awarded on November 15, 2023, based on the Company's EPS growth over the three-year performance period, with such percentages 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 2026 received service credit for one-third of the performance period.

Footnote F12

The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 95.4% of the number of performance stock units originally awarded on November 15, 2023 based on the Company's average 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 2026 received service credit for one-third of the performance period.

Footnote F13

Represents number of shares of Jacobs common stock tendered for tax withholding upon vesting of restricted stock units pursuant to the pursuant to Jacobs Stock Incentive Plan.

Footnote F14

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 F15

Each performance stock unit represented a contingent right to receive one share of Jacobs common stock.

Footnote F16

The performance stock units vested on September 18, 2024.

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