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ADOBE INC. Director's Dealing 2014

Jun 20, 2014

29815_dirs_2014-06-20_afdadb96-5b3e-46b8-acf6-dd89fd36bf7f.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: 2014-06-19

Reporting Person: THOMPSON MATTHEW (EVP WW Field Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-06-19 Common Stock M 6272 $34.16 Acquired 57147 Direct
2014-06-19 Common Stock M 17645 $34.03 Acquired 74792 Direct
2014-06-19 Common Stock S 23917 $72.6182 Disposed 50875 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-06-19 Stock Options (right to buy) $34.16 M 6272 Disposed 2017-01-25 Common Stock (6272.0) Direct
2014-06-19 Stock Options (right to buy) $34.03 M 17645 Disposed 2018-01-24 Common Stock (17645.0) Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $72.48 to $72.69. 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: Stock options granted on January 25, 2010 vest at a rate of 2.08% per month for 48 months.

F3: Stock options granted on January 24, 2011 vest at a rate of 2.08% per month for 48 months.