4 1 NYSE 0001196755 tx4iyx$v Officer Jabil Circuit, Inc. 0000898293 38-188-6260 10/24/02 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. 1. Name and Address of Reporting Person(s) Redmond, Jr., John Patrick 10560 Ninth Street North St. Petersburg, FL 33716 2. Issuer Name and Ticker or Trading Symbol Jabil Circuit, Inc. (JBL) 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) 4. Statement for Month/Day/Year 10/24/2002 5. If Amendment, Date of Original (Month/Day/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below) Controller 7. Individual or Joint/Group Filing (Check Applicable Line) [X] Form filed by One Reporting Person [ ] Form filed by More than One Reporting Person

Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of action action or Disposed of (D) Securities Indirect Date Code A Beneficially D Beneficial (Month/ or Owned at or Ownership Day/Year) Code V Amount D Price End of Month I ------------------------------------------------------------------------------------------------------------------------------------ Common Stock (1) 10/24/02 S 3,000 D $15.0000 4,871 D Direct Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and Security or Exercise action action Securities Acquired (A) Expiration Date Price of Date Code or Disposed of (D) Derivative Security Code V A D Exercisable Expiration ------------------------------------------------------------------------------------------------------------------------------------ ~~Employee Stock Option (right to$12.9500 10/17/02 A 64,400 (1) 10/17/12 buy)~~ Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of Security action of Underlying of Deri- Derivative Indirect Date Securities vative Securities D Beneficial Amount or Security Beneficially or Ownership Number of Owned at I - Title Shares End of Month ------------------------------------------------------------------------------------------------------------------------------------ ~~Employee Stock Option (right to10/17/02 Common Stock 64,400 64,400 D Direct buy)~~ Explanation of Responses: (1) ~~Options~~Column ~~shall~~5 ~~vest~~of atTable ~~the~~I ~~rate~~includes of696 ~~12%~~shares, of556 ~~the~~ shares ~~upon~~and ~~the~~428 ~~expiration~~shares ofacquired ~~six~~on ~~(6)~~June ~~months~~30, ~~after~~2002, ~~the~~December ~~Vesting~~31, ~~Commencement~~2001 ~~Date (10/17 /02)~~ and 2%June of30, ~~the~~2001, ~~shares~~r atespectively, ~~the~~under ~~end of each month thereafter provided that~~ the ~~optionee~~Employee isStock anPurchase ~~employee~~Plan of, orJabil ~~consultant (as define d in the relevant stock incentive plan) to~~Circuit, ~~the Company or a subsidiary~~Inc.

SIGNATURE OF REPORTING PERSON /S/ By: Robert L. Paver, Attorney-in-Fact For: John Patrick Redmond, Jr. DATE 10/25/02

Filing Compare · REDMOND JOHN PATRICK JR