Statement of Changes in Beneficial Ownership (4)
October 19 2020 - 06:07PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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APPROVAL
OMB Number: 3235-0287
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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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1. Name
and Address of Reporting Person * MONDELLO MARK T |
2. Issuer Name and Ticker or Trading
Symbol JABIL INC [ JBL ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Chief Executive Officer |
(Last)
(First)
(Middle)
10560 DR. MARTIN LUTHER KING, JR. ST. N. |
3. Date of Earliest Transaction (MM/DD/YYYY)
10/15/2020
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(Street)
ST. PETERSBURG, FL 33716
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
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1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. 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 |
10/15/2020 |
|
A |
|
184000.0000 (1) |
A |
$0.0000 |
2083181.0000 |
D |
|
Common Stock |
10/15/2020 |
|
A |
|
138000.0000 (1) |
A |
$0.0000 |
2221181.0000 |
D |
|
Common Stock |
10/15/2020 |
|
A |
|
92000.0000 (2) |
A |
$0.0000 |
2313181.0000 |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
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1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. 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 |
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 of Derivative Security: 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 |
Explanation of
Responses: |
(1) |
This represents the grant of
a performance-based restricted stock unit ("RSU") award under
Issuer's 2011 Stock Award and Incentive Plan that provides for
vesting rates based on certain performance-based criteria. Each RSU
represents the right to receive one share of Issuer's Common Stock
at vesting. 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. Such award will
vest dependent upon the satisfaction of the applicable criteria
during the three-year period beginning September 1, 2020 and ending
on August 31, 2023, the last day of the applicable performance
period. |
(2) |
This represents the grant of
a restricted stock unit ("RSU") award under Issuer's 2011 Stock
Award and Incentive Plan. Each RSU represents the right to receive
one share of Issuer's Common Stock at vesting. The RSUs vest at the
rate of 30% of the shares on the first anniversary of the date of
grant (which date of grant was October 15, 2020), 30% of the shares
on the second anniversary of the date of grant, and the remaining
40% of the shares on the third anniversary of the date of
grant. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
MONDELLO MARK T
10560 DR. MARTIN LUTHER KING, JR. ST. N.
ST. PETERSBURG, FL 33716 |
X |
|
Chief Executive Officer |
|
Signatures
|
/s/ Lisa N. Clark,
Attorney-in-Fact |
|
10/19/2020 |
**Signature of Reporting
Person |
Date |