Pai Vinayak Ratnakar 4
4 · JACOBS ENGINEERING GROUP INC /DE/ · Filed Apr 30, 2019
Insider Transaction Report
Form 4
Pai Vinayak Ratnakar
President, Petroleum&Chemical
Transactions
- Other
Stock Option (Right to Buy)
2019-04-26−1,158→ 3,471 totalExercise: $42.74→ Common Stock (1,158 underlying) - Tax Payment
Common Stock
2019-04-26$78.98/sh−1,078$85,140→ 11,248 total - Other
Common Stock
2019-04-26$78.98/sh−1,885$148,877→ 9,363 total
Footnotes (4)
- [F1]Represents number of shares of JEC common stock tendered for tax withholding upon vesting of restricted stock units pursuant to the Company's 1999 Stock Incentive Plan.
- [F2]Represents restricted stock units which forfeited in connection with the closing of the sale of the Company's Energy, Chemicals & Resources division to WorleyParsons Limited on April 26, 2019. Pursuant to the terms of the Amended and Restated Stock and Asset Purchase Agreement, dated as of April 26, 2019, by and between the Company and WorleyParsons Limited (the "Purchase Agreement"), the value of the forfeited restricted stock units will be replaced by equity of WorleyParsons Limited.
- [F3]Represents unvested options which forfeited in connection with the closing of the sale of the Company's Energy, Chemicals & Resources division to WorleyParsons Limited on April 26, 2019. Pursuant to the terms of the Purchase Agreement, the value of the forfeited options will be replaced by equity of WorleyParsons Limited.
- [F4]Stock options are forfeited.