11/19/2024 | Press release | Distributed by Public on 11/19/2024 16:35
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Performance Stock Units | $ 0 (6) | 11/15/2024 | M(1) | 751(2) | (7) | (7) | Common Stock | 751(2) | (1) | 0 | D | ||||
Performance Stock Units | $ 0 (6) | 11/15/2024 | M(1) | 611(4) | (7) | (7) | Common Stock | 611(4) | (1) | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Miller Shannon 1999 BRYAN STREET SUITE 3500 DALLAS, TX 75201 |
Executive Vice President |
Priya Howell - Attorney-in-Fact for Shannon Miller | 11/19/2024 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents distribution of Jacobs common stock upon vesting of performance stock units awarded pursuant to the Company's Stock Incentive Plan. |
(2) | The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 63.9% 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. |
(3) | Represents number of shares of Jacobs common stock tendered for tax withholding upon vesting of performance stock units. |
(4) | The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 52.0% 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. |
(5) | Represents number of shares of Jacobs common stock tendered for tax withholding upon vesting of restricted stock units. |
(6) | Each performance stock unit represented a contingent right to receive one share of Jacobs common stock. |
(7) | The performance stock units vested on November 15, 2024. |