JACOBS ENGINEERING GROUP INC /DE/ 4
4 · JACOBS ENGINEERING GROUP INC /DE/ · Filed May 27, 2016
Insider Transaction Report
Form 4
STASSI PHILIP J
Group Vice President
Transactions
- Exercise/Conversion
PERFORMANCE STOCK UNIT
2016-05-25−2,088→ 0 totalExercise: $0.00→ COMMON STOCK (2,088 underlying) - Exercise/Conversion
COMMON STOCK
2016-05-25+2,088→ 66,528 total - Tax Payment
COMMON STOCK
2016-05-25$50.02/sh−785$39,266→ 65,743 total
Footnotes (5)
- [F1]Represents distribution of JEC common stock upon vesting of performance stock units awarded on May 23, 2013 pursuant to the 1999 Stock Incentive Plan.
- [F2]The number of performance stock units that vested, and therefore, the number of shares of JEC common stock issued upon vesting, represents 52.2% of the number of performance stock units initially awarded, with such percentage based on the stock price performance of JEC common stock relative to the stock price performance of a defined group of industry peers.
- [F3]Represents number of shares of JEC common stock tendered for tax withholding on distribution of JEC common stock upon vesting of performance stock units.
- [F4]Each performance stock unit award represented a contingent right to receive one share of JEC common stock.
- [F5]The performance stock units award vested on May 23, 2016.