AI assistant
ADOBE INC. — Director's Dealing 2011
Dec 21, 2011
29815_dirs_2011-12-21_b8533116-aa21-4558-81a2-010187489b40.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2011-12-20
Reporting Person: COTTLE KAREN O (SVP, Gen. Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-12-20 | Common Stock | M | 22687 | $19.9300 | Acquired | 96134 | Direct |
| 2011-12-20 | Common Stock | S | 22687 | $28.1224 | Disposed | 73447 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-12-20 | Stock Option (right to buy) | $19.9300 | M | 22687 | Disposed | 2016-01-26 | Common Stock (22687) | Direct |
Footnotes
F1: Includes 798 shares acquired on June 30, 2011 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.
F2: This transaction was executed in multiple trades at prices ranging from $28.04 to $28.21. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F3: Vests monthly at a rate of 2.08% of the original grant of 95,323 shares for 48 months from the original grant date of January 26, 2009.