Filing Details

Accession Number:
0001225208-13-022105
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-10-21 18:22:13
Reporting Period:
2013-10-17
Filing Date:
2013-10-21
Accepted Time:
2013-10-21 17:22:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
898293 Jabil Circuit Inc JBL Printed Circuit Boards (3672) 381886260
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1196751 L Robert Paver 10560 Dr. Martin Luther King, Jr. St. N.
St. Petersburg FL 33716
Corp. Sec. & General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-10-17 48,795 $0.00 236,057 No 4 A Direct
Common Stock Acquisiton 2013-10-17 16,270 $0.00 252,327 No 4 A Direct
Common Stock Disposition 2013-10-17 3,764 $21.97 248,563 No 4 S Direct
Common Stock Disposition 2013-10-17 8,578 $21.99 239,985 No 4 F Direct
Common Stock Disposition 2013-10-17 11,253 $21.99 228,732 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 F Direct
No 4 F Direct
Footnotes
  1. 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 FY2015 through FY2016. The award has an "overdrive" feature that provides that if cumulative core EPS for FY2015 through FY2016 is in excess of a specified amount the reporting person is entitled to additional shares. The number of shares listed in Column 4 of Table I represents the maximum number of shares that may be issued upon vesting of the award if the maximum target is met (i.e., the full "overdrive" amount). 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.
  2. 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 10/17/13), 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.
  3. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  4. The transactions reflected on this line were executed in multiple trades at prices ranging from $21.6800 to $22.1200. The price reported above reflects the weighted average sale price for the shares set forth on this line. The reporting person hereby undertakes to provide upon request by the SEC Staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.