AI assistant
ADOBE INC. — Director's Dealing 2012
Feb 15, 2012
29815_dirs_2012-02-15_b79c1191-3922-4b20-b2dd-708ced619a0e.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: 2012-02-15
Reporting Person: Rencher Bradley (SVP, Digital Marketing BU)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-15 | Common Stock | M | 1256 | $00.00 | Acquired | 21177 | Direct |
| 2012-02-15 | Common Stock | F | 395 | $32.46 | Disposed | 20782 | Direct |
| 2012-02-15 | Common Stock | M | 154 | $00.00 | Acquired | 20936 | Direct |
| 2012-02-15 | Common Stock | F | 48 | $32.46 | Disposed | 20888 | Direct |
| 2012-02-15 | Common Stock | M | 966 | $00.00 | Acquired | 21854 | Direct |
| 2012-02-15 | Common Stock | F | 303 | $32.46 | Disposed | 21551 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-15 | Restricted Stock Units | $0 | M | 1256 | Disposed | Common Stock (1256) | Direct | |
| 2012-02-15 | Restricted Stock Units | $0 | M | 154 | Disposed | Common Stock (154) | Direct | |
| 2012-02-15 | Restricted Stock Units | $0 | M | 966 | Disposed | Common Stock (966) | 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, 2008 vesting start date, and 6.25% per quarter thereafter. This Restricted Stock Unit award vested in full on February 15, 2012.
F3: 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 May 15, 2012, August 15, 2012, November 15, 2012, February 15, 2013 and May 15, 2013.
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 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.