Hill Patrick 4
4 · JACOBS SOLUTIONS INC. · Filed Nov 21, 2023
Insider Transaction Report
Form 4
Hill Patrick
PRESIDENT
Transactions
- Exercise/Conversion
Performance Stock Units
2023-11-17−2,251→ 0 totalExercise: $0.00→ Common Stock (2,251 underlying) - Exercise/Conversion
Common Stock
2023-11-17+2,251→ 68,219 total - Exercise/Conversion
Common Stock
2023-11-17+4,267→ 65,968 total - Exercise/Conversion
Performance Stock Units
2023-11-17−4,267→ 0 totalExercise: $0.00→ Common Stock (4,267 underlying)
Footnotes (5)
- [F1]Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 18, 2020 pursuant to the Company's Stock Incentive Plan.
- [F2]The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 149.7% of the number of performance stock units initially awarded, with such percentage based on the Company's earnings per share (EPS) growth over the three-year performance period.
- [F3]The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 79% of the number of performance stock units initially awarded, with such percentage based on the Company's average return on invested capital (ROIC) over the three-year performance period.
- [F4]Each performance stock unit represented a contingent right to receive one share of Jacobs common stock.
- [F5]The performance stock units vested on November 17, 2023.