AI assistant
ADOBE INC. — Director's Dealing 2012
Aug 17, 2012
29815_dirs_2012-08-17_b1533cc5-dc6b-4517-9f83-d332334974f9.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: 2012-08-15
Reporting Person: Rencher Bradley (SVP, Digital Marketing BU)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-08-15 | Common Stock | M | 154 | $00.00 | Acquired | 13250 | Direct |
| 2012-08-15 | Common Stock | F | 63 | $32.91 | Disposed | 13187 | Direct |
| 2012-08-15 | Common Stock | M | 966 | $00.00 | Acquired | 14153 | Direct |
| 2012-08-15 | Common Stock | F | 400 | $32.91 | Disposed | 13753 | Direct |
| 2012-08-15 | Common Stock | M | 7500 | $00.00 | Acquired | 21253 | Direct |
| 2012-08-15 | Common Stock | F | 3108 | $32.91 | Disposed | 18145 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-15 | Restricted Stock Units | $0 | M | 154 | Disposed | Common Stock (154) | Direct | |
| 2012-08-15 | Restricted Stock Units | $0 | M | 966 | Disposed | Common Stock (966) | Direct | |
| 2012-08-15 | Restricted Stock Units | $0 | M | 7500 | Disposed | Common Stock (7500) | Direct |
Footnotes
F1: Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.
F2: The remaining units will vest in equal installments of 154 shares on November 15, 2012, February 15, 2013 and May 15, 2013.
F3: The remaining units will vest on 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.
F4: Vests annually at a rate of 25% of the original grant of 30,000 Restricted Stock Units on the first, second, third and fourth anniversaries of the August 15, 2010 vesting commencement date. The remaining units will vest in equal installments on August 15, 2013 and August 15, 2014.