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ADOBE INC. — Director's Dealing 2013
Mar 25, 2013
29815_dirs_2013-03-25_22b1f500-e065-440b-9e74-316b0b10438c.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: 2013-03-21
Reporting Person: LYNCH KEVIN M (Former CTO & EVP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-03-21 | Common Stock | M | 57957 | $34.6400 | Acquired | 107117 | Direct |
| 2013-03-21 | Common Stock | M | 150000 | $39.6900 | Acquired | 257117 | Direct |
| 2013-03-21 | Common Stock | M | 5276 | $19.9300 | Acquired | 262393 | Direct |
| 2013-03-21 | Common Stock | M | 37770 | $34.1600 | Acquired | 300163 | Direct |
| 2013-03-21 | Common Stock | M | 73437 | $34.0300 | Acquired | 373600 | Direct |
| 2013-03-21 | Common Stock | S | 324440 | $42.1831 | Disposed | 49160 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-21 | Stock Options (right to buy) | $34.6400 | M | 57957 | Disposed | 2013-03-22 | Common Stock (57957) | Direct |
| 2013-03-21 | Stock Options (right to buy) | $19.9300 | M | 5276 | Disposed | 2013-03-22 | Common Stock (5276) | Direct |
| 2013-03-21 | Stock Options (right to buy) | $39.6900 | M | 150000 | Disposed | 2013-03-22 | Common Stock (150000) | Direct |
| 2013-03-21 | Stock Options (right to buy) | $34.1600 | M | 37770 | Disposed | 2013-06-22 | Common Stock (37770) | Direct |
| 2013-03-21 | Stock Options (right to buy) | $34.0300 | M | 73437 | Disposed | 2013-06-22 | Common Stock (73437) | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $42.08 to $42.265. 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: Options granted on January 24, 2008 are fully vested and exercisable.
F3: Options exercised in full as of the reporting person's resignation which was effective March 22, 2013.
F4: Options granted on January 26, 2009 are fully vested and exercisable.
F5: Options granted on January 24, 2007 are fully vested and exercisable.
F6: Options granted on January 25, 2010 vested at a rate of 2.08% per month for 48 months.
F7: Options expire three months following the reporting person's resignation which was effective March 22, 2013.
F8: Options granted on January 24, 2011 vested at a rate of 2.08% per month for 48 months.