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ADOBE INC. — Director's Dealing 2011
Nov 16, 2011
29815_dirs_2011-11-16_0b753bdb-916d-4fb4-a484-d7ca1353012a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2011-11-15
Reporting Person: Rencher Bradley (SVP, Digital Marketing BU)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-11-15 | Common Stock | M | 155 | $00.00 | Acquired | 18396 | Direct |
| 2011-11-15 | Common Stock | F | 64 | $28.47 | Disposed | 18332 | Direct |
| 2011-11-15 | Common Stock | M | 1255 | $00.00 | Acquired | 19587 | Direct |
| 2011-11-15 | Common Stock | F | 520 | $28.47 | Disposed | 19067 | Direct |
| 2011-11-15 | Common Stock | M | 966 | $00.00 | Acquired | 20033 | Direct |
| 2011-11-15 | Common Stock | F | 400 | $28.47 | Disposed | 19633 | Direct |
| 2011-11-15 | Common Stock | M | 4169 | $00.00 | Acquired | 23802 | Direct |
| 2011-11-15 | Common Stock | F | 1728 | $28.47 | Disposed | 22074 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-15 | Restricted Stock Units | $0 | M | 155 | Disposed | Common Stock (155) | Direct | |
| 2011-11-15 | Restricted Stock Units | $0 | M | 1255 | Disposed | Common Stock (1255) | Direct | |
| 2011-11-15 | Restricted Stock Units | $0 | M | 966 | Disposed | Common Stock (966) | Direct | |
| 2011-11-15 | Restricted Stock Units | $0 | M | 4169 | Disposed | Common Stock (4169) | Direct |
Footnotes
F1: Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.
F2: Vests at a rate of 25% on the one-year anniversary of the February 15, 2009 vesting start date, and 6.25% per quarter thereafter. The remaining units will vest in equal installments of 154 shares on February 15, 2012, May 15, 2012, August 15, 2012, November 15, 2012, February 15, 2013 and May 15, 2013.
F3: Vests at a rate of 25% on the one-year anniversary of the February 15, 2008 vesting start date, and 6.25% per quarter thereafter. The remaining 1,256 shares will vest on February 15, 2012.
F4: Vests at a rate of 25% on the one-year anniversary of the August 15, 2009 vesting start date, and 6.25% per quarter thereafter. The remaining units will vest on February 15, 2012 as to 966 shares, May 15, 2012 as to 966 shares, August 15, 2012 as to 966 shares, November 15, 2012 as to 966 shares, February 15, 2013 as to 966 shares, May 15, 2013 as to 965 shares and August 15, 2013 as to the remaining 966 shares.
F5: Vests at a rate of 25% annually on the first, second, third and fourth anniversary of the November 15, 2009 vesting commencement date. The remaining units will vest on November 15, 2012 as to 4,169 shares and November 15, 2013 as to the remaining 4,168 shares.