Form 4 for J Jacobs Solutions
Accepted 2022-11-18 00:00:00 ET · period of report 2022-11-16 · accession 0001209191-22-058018 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-11-18 | 2022-11-16+ | J | DEMETRIOU STEVEN J. | COB AND CEO, Dir | F - Tax | $124.83 | -41.5K | 592.1K | -7% | -$5.18M |
| DM | 2022-11-18 | 2022-11-16+ | J | DEMETRIOU STEVEN J. | COB AND CEO, Dir | M - OptEx | $43.94 | +199.4K | 615.6K | +48% | +$8.76M |
| DM | 2022-11-18 | 2022-11-17+ | J | DEMETRIOU STEVEN J. | COB AND CEO, Dir | S - Sale+OE | $124.46 | -102.3K | 631.4K | -14% | -$12.73M |
| D | 2022-11-18 | 2022-11-16 | J | DEMETRIOU STEVEN J. | COB AND CEO, Dir | A - Grant | $124.88 | +20.0K | 634.7K | +3% | +$2.50M |
| DM | 2022-11-18 | 2022-11-16+ | J | DEMETRIOU STEVEN J. | COB AND CEO, Dir | M - OptEx | $0.00 | -199.4K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-11-17 | F | D | 3,248 | $124.26 | 631,447 | D | — | — | (F6) Represents number of shares of Jacobs common stock tendered for tax withholding upon vesting of restricted stock units pursuant to the Company's 1999 Stock Incentive Plan. |
| 2 | Common | Common Stock | 2022-11-17 | M | A | 51,129 | $43.94 | 682,576 | D | — | — | (F7) The sale and exercise were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2022. |
| 3 | Common | Common Stock | 2022-11-17 | S | D | 16,908 | $123.23 | 665,668 | D | — | — | (F8) This transaction was executed in multiple trades at prices ranging from $122.69 to $123.67. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 4 | Common | Common Stock | 2022-11-17 | S | D | 32,721 | $124.07 | 632,947 | D | — | — | (F9) This transaction was executed in multiple trades at prices ranging from $123.71 to $124.71. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 5 | Common | Common Stock | 2022-11-18 | M | A | 51,130 | $43.94 | 682,577 | D | — | — | (F7) The sale and exercise were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2022. |
| 6 | Common | Common Stock | 2022-11-18 | S | D | 15,153 | $124.63 | 667,424 | D | — | — | (F11) This transaction was executed in multiple trades at prices ranging from $123.90 to $124.89. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 7 | Common | Common Stock | 2022-11-18 | S | D | 34,551 | $125.27 | 632,873 | D | — | — | (F12) This transaction was executed in multiple trades at prices ranging from $124.90 to $125.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 8 | Common | Common Stock | 2022-11-18 | S | D | 1,426 | $125.99 | 631,447 | D | — | — | (F13) This transaction was executed in multiple trades at prices ranging from $125.92 to $126.09. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 9 | Common | Common Stock | 2022-11-16 | A | A | 20,020 | $124.88 | 634,695 | D | — | — | (F5) Represents the receipt of restricted stock units pursuant to the Company's 1999 Stock Incentive Plan. Each restricted stock unit represents the right to receive one share of Jacobs common stock. The restricted stock unit vests on the first anniversary of grant date. |
| 10 | Common | Common Stock | 2022-11-16 | F | D | 14,665 | $124.88 | 614,675 | D | — | — | (F3) Represents number of shares of Jacobs common stock tendered for tax withholding on distribution of Jacobs common stock upon vesting of performance stock units. |
| 11 | Common | Common Stock | 2022-11-16 | M | A | 37,268 | — | 629,340 | D | — | — | (F4) The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 100.7% 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. (F1) Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 13, 2019 pursuant to the Company's 1999 Stock Incentive Plan. |
| 12 | Common | Common Stock | 2022-11-16 | F | D | 23,564 | $124.88 | 592,072 | D | — | — | (F3) Represents number of shares of Jacobs common stock tendered for tax withholding on distribution of Jacobs common stock upon vesting of performance stock units. |
| 13 | Common | Common Stock | 2022-11-16 | M | A | 59,882 | — | 615,636 | D | — | — | (F2) The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 161.8% 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. (F1) Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 13, 2019 pursuant to the Company's 1999 Stock Incentive Plan. |
| 14 | Common | Common Stock | 2022-11-17 | S | D | 1,500 | $124.85 | 631,447 | D | — | — | (F10) This transaction was executed in multiple trades at prices ranging from $124.72 to $125.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 15 | Derivative | Stock Options | 2022-11-17 | M | D | 51,129 | $0.00 | 0 | D | $43.94 · — to 2025-08-17 | 51,129 Common Stock | (F7) The sale and exercise were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2022. (F16) Stock options are fully vested. |
| 16 | Derivative | Performance Stock Units | 2022-11-16 | M | D | 37,268 | — | 0 | D | $0.00 · — to — | 37,268 Common Stock | (F4) The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 100.7% 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. (F1) Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 13, 2019 pursuant to the Company's 1999 Stock Incentive Plan. (F14) Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock. (F15) The performance stock units awarded vested on November 16, 2022. |
| 17 | Derivative | Performance Stock Units | 2022-11-16 | M | D | 59,882 | — | 0 | D | $0.00 · — to — | 59,882 Common Stock | (F2) The number of performance stock units that vested, and therefore the number of shares of Jacobs common stock issued upon vesting, represents 161.8% 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. (F1) Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 13, 2019 pursuant to the Company's 1999 Stock Incentive Plan. (F14) Each performance stock unit award represented a contingent right to receive one share of Jacobs common stock. (F15) The performance stock units awarded vested on November 16, 2022. |
| 18 | Derivative | Stock Options | 2022-11-18 | M | D | 51,130 | $0.00 | 0 | D | $43.94 · — to 2025-08-17 | 51,130 Common Stock | (F7) The sale and exercise were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2022. (F16) Stock options are fully vested. |