4 1 NYSE0001196757 chmx3i*c Officer Jabil Circuit, Inc. 000089829338-188-6260 11/04/02 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. 1. Name and Address of Reporting Person(s) Walters, Beth A. 10560 Ninth Street North St. Petersburg, FL 33716 2. Issuer Name and Ticker or Trading Symbol Jabil Circuit, Inc. (JBL) 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) 4. Statement for Month/Day/Year 11/4/2002 5. If Amendment, Date of Original (Month/Day/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [ ] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below) Vice President, Communications and Investor Relations 7. 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 ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of action action or Disposed of (D) Securities Indirect Date Code A Beneficially D Beneficial (Month/ or Owned at or Ownership Day/Year) Code V Amount D Price End of Month I ------------------------------------------------------------------------------------------------------------------------------------ Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and Security or Exercise action action Securities Acquired (A) Expiration Date Price of Date Code or Disposed of (D) Derivative Security Code V A D Exercisable Expiration ------------------------------------------------------------------------------------------------------------------------------------ Prepaid Variable Forward 11/04/02 P 1 11/04/04 11/04/04 Contract (right to sell) (1) Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of Security action of Underlying of Deri- Derivative Indirect Date Securities vative Securities D Beneficial Amount or Security Beneficially or Ownership Number of Owned at I - Title Shares End of Month ------------------------------------------------------------------------------------------------------------------------------------ Prepaid Variable Forward 11/04/02 Common Stock 10,000 1 D Direct Contract (right to sell) (1) Explanation of Responses: (1) On November 4, 2002, the reporting person entered into a prepaid variable forward contract with a securities brokerage firm. Under the terms of the documents relating to such contract, the reporting person will have to deliver up to the 10,000 shares of the Issue r's common stock referenced in column 7 of Table II to the securities brokerage firm on November 4, 2004. The number of shares the reporting person will be required to deliver on such date shall be a function of the closing price of the Issuer's common stock on s uch date. Similarly, the amounts that would be in columns 2 and 8 of Table II will be a function of, among other things, the closin g price of the Issuer's common stock on November 4, 2004. SIGNATURE OF REPORTING PERSON /S/ By: Robert L. Paver, Attorney-in-Fact For: Beth A. Walters DATE 11/06/02