Chiang Hwai Hai 4
4 · JABIL CIRCUIT INC · Filed Oct 18, 2012
Insider Transaction Report
Form 4
Chiang Hwai Hai
EVP, CEO, Materials Tech Group
Transactions
- Award
Common Stock
2012-10-16+22,600→ 360,264 total - Award
Common Stock
2012-10-16+45,210→ 337,664 total
Footnotes (3)
- [F1]This represents the grant of a performance-based restricted stock unit award that provides for vesting at varying rates based on specified performance-based criteria. Each restricted stock unit represents the right to receive one share of Common Stock at vesting. Shares are earned based on cumulative core EPS for FY2013 through FY2017. The award is also subject to vesting conditions tied to continued service; provided, however, that death, disability or for certain retirement events before those stated vesting dates will not result in forfeiture of the award or specified portions of the award.
- [F2]Column 5 of Table I includes 621 shares acquired on June 30, 2012, under the 2011 Employee Stock Purchase Plan of Jabil Circuit, Inc.
- [F3]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 at the rate of 30% of the shares on the 1st anniversary of the date of grant (which date of grant was 10/16/12), and 30% of the shares on the 2nd anniversary of the date of grant, and the remaining 40% of the shares on the 3rd anniversary of the date of grant, provided that in all instances the reporting person is an employee of, or consultant (as defined in the Plan) to the Company or subsidiary; provided, however, that death, disability or for certain retirement events before those stated vesting dates will not result in forfeiture of the award or specified portions of the award.