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ADOBE INC. — Director's Dealing 2014
Jul 2, 2014
29815_dirs_2014-07-02_1b8fa2f0-7e25-490b-8351-411220559e7d.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: 2014-07-01
Reporting Person: CANNON MICHAEL R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-07-01 | Common Stock | M | 25000 | $35.95 | Acquired | 50712 | Direct |
| 2014-07-01 | Common Stock | S | 25000 | $72.7052 | Disposed | 25712 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-07-01 | Stock Option (right to buy) | $35.95 | M | 25000 | Disposed | 2016-03-29 | Common Stock (25000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5000 | Indirect |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $72.41 to $72.905. 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: Shares held by The Michael R. Cannon Trust dtd 2/6/2004, of which reporting person is a trustee.
F3: Options granted March 29, 2006 are fully vested and exercisable.