-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GqhtYygW6cx6Rbbelz8zRJwZ29maTAFB9BFupEPXG3c03xxVNvDwfA2dgw2Qqhsw 4xxkgX8ujmqqxwgohfRc7w== 0001225208-08-016693.txt : 20081024 0001225208-08-016693.hdr.sgml : 20081024 20081024162416 ACCESSION NUMBER: 0001225208-08-016693 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081022 FILED AS OF DATE: 20081024 DATE AS OF CHANGE: 20081024 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cadavid Sergio CENTRAL INDEX KEY: 0001365709 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14063 FILM NUMBER: 081140317 BUSINESS ADDRESS: BUSINESS PHONE: 727-577-9749 MAIL ADDRESS: STREET 1: C/O JABIL CIRCUIT, INC. STREET 2: 10560 DR. MARTIN LUTHER KING, JR. ST. N. CITY: ST. PETERSBURG STATE: FL ZIP: 34698-3718 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 NINTH ST NORTH CITY: ST PETERSBURG STATE: FL ZIP: 33716 BUSINESS PHONE: 7275779749 MAIL ADDRESS: STREET 1: 10560 NINTH STREET NORTH CITY: ST PETERSBURG STATE: FL ZIP: 33716 4 1 doc4.xml X0303 4 2008-10-22 0000898293 JABIL CIRCUIT INC JBL 0001365709 Cadavid Sergio 10560 DR. MARTIN LUTHER KING, JR. ST. N. ST. PETERSBURG FL 33716 1 Treasurer Common Stock 2008-10-22 4 A 0 12800 0 A 56791 D Common Stock 2008-10-22 4 A 0 9100 0 A 65891 D Common Stock 2008-10-22 4 A 0 6400 0 A 72291 D This represents the grant of a performance-based restricted stock award that has restrictions that lapse at varying rates based on certain performance-based criteria. The award has an "overdrive" feature that provides that if the Compound Annual Growth Rate ("CAGR") of the Company's core EPS for FY09 through FY11 is in excess of a certain specified percentage the reporting person is entitled to additional shares. The number of shares listed in Column 4 of Table 1 represents the maximum of shares that may be issued pursuant to the award if the CAGR maximum target is met. Column 5 of Table I includes 995 shares and 963 shares acquired on June 30, 2008 and December 31, 2007, respectively, under the 2002 Employee Stock Purchase Plan of Jabil Circuit, Inc. This represents the grant of a performance-based restricted stock award that has restrictions that lapse at varying rates based on certain performance-based criteria. The extent and timing of the lapse of restrictions on the shares subject to the award are based on comparisons of the increase in the market price of the Company's stock and the S&P 500 Composite Stock Index (assuming in each case a reinvestment of dividends) during each of FY09, FY10 and FY11. This represents the grant of a restricted stock award that has restrictions that lapse at the rate of 30% of the shares on the 1st anniversary of the date of grant (which date of grant was 10/22/08), 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 relevant Stock Incentive Plan) to the Company or subsidiary. /s/ Kathryn M. Vetter, Attorney-in-Fact 2008-10-24 -----END PRIVACY-ENHANCED MESSAGE-----