JACOBS ENGINEERING GROUP INC /DE/ 4
4 · JACOBS ENGINEERING GROUP INC /DE/ · Filed May 24, 2017
Insider Transaction Report
Form 4
Mandel Joseph G.
Executive Vice President
Transactions
- Exercise/Conversion
PERFORMANCE STOCK UNIT
2017-05-22−1,552→ 0 totalExercise: $0.00→ COMMON STOCK (1,552 underlying) - Exercise/Conversion
COMMON STOCK
2017-05-22+1,552→ 46,402 total - Tax Payment
COMMON STOCK
2017-05-22$52.88/sh−425$22,474→ 45,977 total
Footnotes (5)
- [F1]Represents distribution of JEC common stock upon vesting of performance stock units awarded on May 22, 2014 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 19.4% of the number of performance stock units initially awarded, with such percentage based on the growth of the Company's net earnings over the three year vesting period.
- [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 awarded vested on May 22, 2017.