JABIL CIRCUIT INC 4
4 · JABIL CIRCUIT INC · Filed Oct 18, 2012
Insider Transaction Report
Form 4
LAVITT MEL S
Director
Transactions
- Award
Common Stock
2012-10-16+8,500→ 110,725 total - Tax Payment
Common Stock
2012-10-16$17.12/sh−5,295$90,650→ 112,430 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2012-10-16−7,000→ 0 totalExercise: $12.95From: 2003-04-17Exp: 2012-10-17→ Common Stock (7,000 underlying) - Exercise/Conversion
Common Stock
2012-10-16$12.95/sh+7,000$90,650→ 117,725 total
Holdings
- 2,000(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]This represents the grant of a restricted stock unit award. Each restricted stock unit represents the right to receive one share of Common Stock at vesting. The restricted stock units will become vested on August 31, 2013, provided that on such date the reporting person is an employee or director of, or otherwise a consultant (as defined in the Plan) to, the Company or a subsidiary.
- [F2]Options shall vest at the rate of 12% of the shares upon the expiration of six (6) months after the Vesting Commencement Date (10/17/02) and 2% of the shares at the end of each month thereafter provided that the optionee is a director of, or consultant to, the Company or a subsidiary.
- [F3]The derivative security is a stock option issued under the Issuer's 2002 Stock Incentive Plan. $0.00 has been inserted to satisfy the requirements to submit this form via the EDGAR system.