SUMMERS PATRICIA H 4
4 · JACOBS ENGINEERING GROUP INC /DE/ · Filed May 29, 2012
Insider Transaction Report
Form 4
SUMMERS PATRICIA H
Senior Vice President
Transactions
- Award
Stock Option
2012-05-24+12,000→ 12,000 totalExercise: $37.03Exp: 2022-05-24→ Common Stock (12,000 underlying) - Award
Performance Stock Unit
2012-05-24+10,000→ 10,000 totalFrom: 2015-05-24Exp: 2015-05-24→ Common Stock (10,000 underlying) - Award
Performance Stock Unit
2012-05-24+7,500→ 7,500 totalFrom: 2015-05-24Exp: 2015-05-24→ Common Stock (7,500 underlying)
Footnotes (4)
- [F1]The option vests in four equal annual installments beginning on May 24, 2013.
- [F2]Each performance stock unit award represents a contingent right to receive one share of JEC common stock.
- [F3]Represents receiving 150% of the target share amount that may be issued pursuant to an award of performance stock units. The actual number of shares to be issued upon vesting can range from 0% to 150% of the number of performance stock units awarded, depending on the stock price performance of JEC common stock relative to the stock price performance of a defined group of industry peers.
- [F4]Represents receiving 200% of the target share amount that may be issued pursuant to an award of performance stock units. The actual number of shares to be issued upon vesting can range from 0% to 200% of the number of performance stock units awarded, depending on the growth of the company's net earnings.