-----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, N93SqYrlHQUk9d+6FxC93w+uUjMZebXhGcZvblt2ARe/6KWrZkqH1jWaGWuXMsWw w3coL3M9QOC1i/zfHtbgcg== 0001225208-09-020908.txt : 20091026 0001225208-09-020908.hdr.sgml : 20091026 20091026165133 ACCESSION NUMBER: 0001225208-09-020908 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091022 FILED AS OF DATE: 20091026 DATE AS OF CHANGE: 20091026 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LOVATO JOHN P CENTRAL INDEX KEY: 0001196739 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14063 FILM NUMBER: 091137289 MAIL ADDRESS: STREET 1: 10560 DR. MARTIN LUTHER KING JR. ST N CITY: ST PETERSBURG STATE: FL ZIP: 33716-3718 4 1 doc4.xml X0303 4 2009-10-22 0000898293 JABIL CIRCUIT INC JBL 0001196739 LOVATO JOHN P 10560 DR. MARTIN LUTHER KING, JR. ST. N. ST. PETERSBURG FL 33716 1 EVP, CEO, Consumer Division Common Stock 2009-10-22 4 A 0 93200 0 A 410149 D Common Stock 2009-10-22 4 A 0 62800 0 A 472949 D Common Stock 2009-10-22 4 A 0 46600 0 A 519549 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. The award has an "overdrive" feature that provides that if the Compound Annual Growth Rate ("CAGR") of the Company's core EPS for FY10 through FY12 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 upon vesting of the award if the CAGR maximum target is met. 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. The extent and timing of the vesting of the units 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 FY10, FY11 and FY12. 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 10/22/09), 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/ Robert L. Paver, Attorney-in-Fact 2009-10-26 -----END PRIVACY-ENHANCED MESSAGE-----