8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): March 8, 2021

Jacobs Engineering Group Inc.

(Exact name of Registrant as specified in its charter)

Delaware	1-7463	95-4081636
(State of incorporation)	(SEC File No.)	(IRS Employer identification number)

1999 Bryan Street, Suite 1200, Dallas, Texas	75201
(Address of principal executive offices)	(Zip code)

Registrant’s telephone number (including area code): (214) 583-8500

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class	Trading Symbol(s)	Name of Each Exchange on Which Registered
Common Stock, $1 par value	J	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐  Emerging growth company

☐  If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The Board of Directors (the “Board”) of Jacobs Engineering Group Inc. (the “Company”) has invited Steve Demetriou to remain as Chair and Chief Executive Officer of the Company through at least the end of calendar 2023, and Mr. Demetriou has accepted this invitation.

In addition, the Company entered into a retention arrangement with each of Kevin Berryman, President and Chief Financial Officer, and Robert Pragada, President and Chief Operating Officer. The retention arrangements include a one-time grant of restricted stock units (“RSUs”) on March 8, 2021 with a grant date fair value of $4,000,000 pursuant to the Company’s 1999 Stock Incentive Plan to each of Mr. Berryman and Mr. Pragada. The RSUs vest 100% upon the three-year anniversary of the grant date.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	JACOBS ENGINEERING GROUP INC.
Date: March 9, 2021	By:	/s/ Steven J. Demetriou
		Steven J. Demetriou
		Chair and Chief Executive Officer

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Document and Entity Information	Mar. 08, 2021
Cover [Abstract]
Entity Registrant Name	JACOBS ENGINEERING GROUP INC /DE/
Amendment Flag	false
Entity Central Index Key	0000052988
Document Type	8-K
Document Period End Date	Mar. 08, 2021
Entity Incorporation State Country Code	DE
Entity File Number	1-7463
Entity Tax Identification Number	95-4081636
Entity Address, Address Line One	1999 Bryan Street
Entity Address, Address Line Two	Suite 1200
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75201
City Area Code	(214)
Local Phone Number	583-8500
Written Communications	false
Soliciting Material	false
Pre Commencement Tender Offer	false
Pre Commencement Issuer Tender Offer	false
Security 12b Title	Common Stock, $1 par value
Trading Symbol	J
Security Exchange Name	NYSE
Entity Emerging Growth Company	false