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ADOBE INC. — Director's Dealing 2012
Apr 5, 2012
29815_dirs_2012-04-05_8d726593-5ea5-4683-95b2-7a3725ce31ba.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: 2012-04-04
Reporting Person: Wadhwani David (SVP, Digital Media BU)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-04-04 | Common Stock | M | 20000 | $19.9300 | Acquired | 29860 | Direct |
| 2012-04-04 | Common Stock | S | 18900 | $33.4867 | Disposed | 10960 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-04-04 | Stock Option (right to buy) | $19.9300 | M | 20000 | Disposed | 2016-01-26 | Common Stock (20000) | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $33.48 to $33.49. 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.
F2: Vests monthly at a rate of 2.08% of the options covering 47,000 shares over a period of 48 months beginning with the original grant date of January 26, 2009.