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ADOBE INC. Director's Dealing 2013

Jul 3, 2013

29815_dirs_2013-07-03_d33af085-a4da-4185-bf49-9f0264b57746.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: 2013-07-01

Reporting Person: THOMPSON MATTHEW (EVP WW Field Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-07-01 Common Stock M 246644 $40.0500 Acquired 287664 Direct
2013-07-01 Common Stock M 77631 $34.6400 Acquired 365295 Direct
2013-07-01 Common Stock S 324275 $46.5315 Disposed 41020 Direct
2013-07-02 Common Stock M 99000 $19.9300 Acquired 140020 Direct
2013-07-02 Common Stock M 36728 $34.1600 Acquired 176748 Direct
2013-07-02 Common Stock M 46520 $34.0300 Acquired 223268 Direct
2013-07-02 Common Stock M 16369 $34.6400 Acquired 239637 Direct
2013-07-02 Common Stock M 3356 $40.0500 Acquired 242993 Direct
2013-07-02 Common Stock S 192118 $46.2120 Disposed 50875 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-07-01 Stock Options (right to buy) $40.05 M 246644 Disposed 2014-01-16 Common Stock (246644) Direct
2013-07-01 Stock Options (right to buy) $34.64 M 77631 Disposed 2015-01-24 Common Stock (77631) Direct
2013-07-02 Stock Options (right to buy) $19.93 M 99000 Disposed 2016-01-26 Common Stock (99000) Direct
2013-07-02 Stock Options (right to buy) $34.16 M 36728 Disposed 2017-01-25 Common Stock (36728) Direct
2013-07-02 Stock Options (right to buy) $34.03 M 46520 Disposed 2018-01-24 Common Stock (46520) Direct
2013-07-02 Stock Options (right to buy) $34.64 M 16369 Disposed 2015-01-24 Common Stock (16369) Direct
2013-07-02 Stock Options (right to buy) $40.05 M 3356 Disposed 2014-01-16 Common Stock (3356) Direct

Footnotes

F1: Includes 875 shares acquired on June 28, 2013 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.

F2: This transaction was executed in multiple trades at prices ranging from $46.22 to $46.95. 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: This transaction was executed in multiple trades at prices ranging from $46.0127 to $46.4. 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.

F4: Options granted January 16, 2007 are fully vested and exercisable.

F5: Options granted January 24, 2008 are fully vested and exercisable.

F6: Options granted January 26, 2009 are fully vested and exercisable.

F7: Stock options granted on January 25, 2010 vest at a rate of 2.08% per month for 48 months.

F8: Stock options granted on January 24, 2011 vest at a rate of 2.08% per month for 48 months.