CHIEF EXECUTIVE OFFICER Pragada Robert V covered exercise/tax liability with 14,409 shares and converted options into 14,109 shares, decreasing direct ownership by 0.11% to 279,996 units (SEC Form 4)
$J
Military/Government/Technical
Industrials
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
JACOBS SOLUTIONS INC. [ J ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
|
3. Date of Earliest Transaction
(Month/Day/Year) 11/15/2024 | ||||||||||||||||||||||||||
|
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 11/15/2024 | M(1) | 7,779(2) | A | (1) | 288,075 | D | |||
| Common Stock | 11/15/2024 | F | 3,062(3) | D | $140.01 | 285,013 | D | |||
| Common Stock | 11/15/2024 | M(1) | 6,330(4) | A | (1) | 291,343 | D | |||
| Common Stock | 11/15/2024 | F | 2,491(3) | D | $140.01 | 288,852 | D | |||
| Common Stock | 11/15/2024 | F | 7,311(5) | D | $140.01 | 281,541 | D | |||
| Common Stock | 11/18/2024 | F | 1,545(5) | D | $140.35 | 279,996 | D | |||
|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Performance Stock Units | $0(6) | 11/15/2024 | M(1) | 7,779(2) | (7) | (7) | Common Stock | 7,779(2) | (1) | 0 | D | ||||
| Performance Stock Units | $0(6) | 11/15/2024 | M(1) | 6,330(4) | (7) | (7) | Common Stock | 6,330(4) | (1) | 0 | D | ||||
| Explanation of Responses: |
| 1. Represents distribution of Jacobs common stock upon vesting of performance stock units awarded on November 17, 2021 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. |
| Priya Howell - Attorney-in-Fact for Robert V. Pragada | 11/19/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * 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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| 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 Number. | ||