0001225208-16-040668.txt : 20161021
0001225208-16-040668.hdr.sgml : 20161021
20161021153613
ACCESSION NUMBER: 0001225208-16-040668
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161019
FILED AS OF DATE: 20161021
DATE AS OF CHANGE: 20161021
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: JABIL CIRCUIT INC
CENTRAL INDEX KEY: 0000898293
STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672]
IRS NUMBER: 381886260
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0831
BUSINESS ADDRESS:
STREET 1: 10560 DR. MARTIN LUTHER KING JR. ST. N.
CITY: ST PETERSBURG
STATE: FL
ZIP: 33716
BUSINESS PHONE: 7275779749
MAIL ADDRESS:
STREET 1: 10560 DR. MARTIN LUTHER KING JR. ST. N.
CITY: ST PETERSBURG
STATE: FL
ZIP: 33716
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PETERS WILLIAM E
CENTRAL INDEX KEY: 0001196752
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14063
FILM NUMBER: 161946248
MAIL ADDRESS:
STREET 1: 10560 DR. MARTIN LUTHER KING JR. ST N
CITY: ST PETERSBURG
STATE: FL
ZIP: 33716-3718
4
1
doc4.xml
X0306
4
2016-10-19
0000898293
JABIL CIRCUIT INC
JBL
0001196752
PETERS WILLIAM E
10560 DR. MARTIN LUTHER KING, JR. ST. N.
ST. PETERSBURG
FL
33716
1
President
Common Stock
2016-10-19
4
A
0
66660.0000
0.0000
A
785833.0000
D
Common Stock
2016-10-19
4
A
0
33330.0000
0.0000
A
819163.0000
D
Common Stock
2016-10-20
4
F
0
61407.0000
0.0000
D
757756.0000
D
This represents the grant of a performance-based restricted stock unit award that provides for vesting at varying rates based on certain performance-based criteria. Each restricted stock unit represents the right to receive one share of Common Stock at vesting. Shares are earned based on comparisons of the Company's total shareholder return and the S&P Supercomposite Technology Hardware and Equipment Index during each of FY17, FY18 and FY19. The award has an "overdrive" feature that provides that if the level of performance attained is in excess of a specified percentile the reporting person is entitled to additional shares. The number of shares listed in Column 4 of Table I represents the maximum of shares that may be issued. The award is also subject to vesting conditions tied to continued service, provided, however, that death, disability or certain retirement events before those stated vesting dates will not result in forfeiture of the award or specified portions of the award.
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 10/19/16), 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 certain retirement events before those stated vesting dates will not result in forfeiture of the award or specified portions of the award.
/s/ Kathryn L. Salo, Attorney-in-Fact
2016-10-21