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ADOBE INC. — Director's Dealing 2014
Jan 10, 2014
29815_dirs_2014-01-10_7921d711-24e7-4d33-87e0-4b418acef397.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: 2014-01-10
Reporting Person: BURGESS ROBERT K (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-12-26 | Common Stock | G | 1675 | — | Disposed | 88574 | Indirect |
| 2014-01-10 | Common Stock | M | 25000 | $35.2500 | Acquired | 113574 | Indirect |
| 2014-01-10 | Common Stock | M | 31887 | $23.2800 | Acquired | 145461 | Indirect |
| 2014-01-10 | Common Stock | S | 94832 | $59.1828 | Disposed | 50629 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-10 | Stock Option (right to buy) | $35.25 | M | 25000 | Disposed | 2015-12-05 | Common Stock (25000) | Direct |
| 2014-01-10 | Stock Option (right to buy) | $23.28 | M | 31887 | Disposed | 2016-04-02 | Common Stock (31887) | Direct |
Footnotes
F1: Shares transferred as a bona fide gift without any consideration received.
F2: Includes 1,620 shares held in trust for the benefit of the children of Mr. Burgess.
F3: Shares held by The Burgess Family Trust, dtd 07/23/98 of which reporting person is a trustee.
F4: This transaction was executed in multiple trades at prices ranging from $58.98 to $59.44. 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.
F5: Options granted December 5, 2005 are fully vested and exerciseable.
F6: Options granted April 2, 2009 are fully vested and exerciseable.