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ADOBE INC. — Director's Dealing 2014
Apr 24, 2014
29815_dirs_2014-04-24_e719bcc7-5160-434d-93a2-76c1cc834cc7.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: 2014-04-22
Reporting Person: ROWLEY RICHARD (VP, Corp. Controller & PAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-04-22 | Common Stock | M | 480 | $34.16 | Acquired | 29742 | Direct |
| 2014-04-22 | Common Stock | M | 1812 | $34.03 | Acquired | 31554 | Direct |
| 2014-04-22 | Common Stock | S | 18927 | $64.4667 | Disposed | 12627 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-04-22 | Stock Option (right to buy) | $34.16 | M | 480 | Acquired | Common Stock (480) | Direct | |
| 2014-04-22 | Stock Option (right to buy) | $34.03 | M | 1812 | Acquired | Common Stock (1812) | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $64.45 to $64.5. 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 January 25, 2010 are fully vested and exercisable.
F3: Vests monthly at a rate of 2.08% of the original grant of 29,000 shares for 48 months from the original grant date of January 24, 2011.