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ADOBE INC. — Director's Dealing 2012
Jul 5, 2012
29815_dirs_2012-07-05_d72e7051-2b37-4c4c-aab2-0b5f09038482.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: 2012-07-03
Reporting Person: COTTLE KAREN O (SVP, Gen. Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-07-03 | Common Stock | M | 2280 | $19.9300 | Acquired | 77260 | Direct |
| 2012-07-03 | Common Stock | S | 2280 | $32.5000 | Disposed | 74980 | Direct |
| 2012-07-05 | Common Stock | M | 8033 | $19.9300 | Acquired | 83013 | Direct |
| 2012-07-05 | Common Stock | S | 8033 | $32.5002 | Disposed | 74980 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-07-03 | Stock Option (right to buy) | $19.9300 | M | 2280 | Disposed | 2016-01-26 | Common Stock (2280) | Direct |
| 2012-07-05 | Stock Option (right to buy) | $19.9300 | M | 8033 | Disposed | 2016-01-26 | Common Stock (8033) | Direct |
Footnotes
F1: Includes 875 shares acquired on June 29, 2012 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.
F2: This transaction was executed in multiple trades at prices ranging from $32.500 to $32.505. 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 grants of 99,000 shares for 48 months from the original grant date of January 26, 2009.