JACOBS ENGINEERING GROUP INC /DE/ 4
4 · JACOBS ENGINEERING GROUP INC /DE/ · Filed Jun 8, 2017
Insider Transaction Report
Form 4
Mandel Joseph G.
Executive Vice President
Transactions
- Exercise/Conversion
PERFORMANCE STOCK UNIT
2017-06-06−4,400→ 0 totalExercise: $0.00→ COMMON STOCK (4,400 underlying) - Tax Payment
COMMON STOCK
2017-06-06$52.09/sh−1,204$62,716→ 49,173 total - Exercise/Conversion
COMMON STOCK
2017-06-06+4,400→ 50,377 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 units that vested, and therefore, the number of shares of JEC common stock issued upon vesting, represents 55% 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 June 6, 2017.