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ADOBE INC. — Director's Dealing 2014
Apr 2, 2014
29815_dirs_2014-04-02_19731135-6f48-46b2-a1d9-ece743bff171.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: 2014-03-31
Reporting Person: Wadhwani David (SVP & GM, Digital Media)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-31 | Common Stock | M | 4179 | $34.1600 | Acquired | 30054 | Direct |
| 2014-03-31 | Common Stock | M | 12234 | $34.0300 | Acquired | 42288 | Direct |
| 2014-03-31 | Common Stock | S | 17288 | $65.7428 | Disposed | 25000 | Direct |
| 2014-04-02 | Common Stock | M | 9548 | $34.0300 | Acquired | 34548 | Direct |
| 2014-04-02 | Common Stock | M | 12669 | $25.4100 | Acquired | 47217 | Direct |
| 2014-04-02 | Common Stock | S | 22217 | $65.5095 | Disposed | 25000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-31 | Stock Options (right to buy) | $34.16 | M | 4179 | Disposed | 2017-01-25 | Common Stock (4179) | Direct |
| 2014-03-31 | Stock Options (right to buy) | $34.03 | M | 12234 | Disposed | 2018-01-24 | Common Stock (12234) | Direct |
| 2014-04-02 | Stock Options (right to buy) | $34.03 | M | 9548 | Disposed | 2018-01-24 | Common Stock (9548) | Direct |
| 2014-04-02 | Stock Options (right to buy) | $25.41 | M | 12669 | Disposed | 2015-02-11 | Common Stock (12669) | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $65.74 to $65.772. 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: This transaction was executed in multiple trades at prices ranging from $65.5 to $65.57. 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: Options granted January 25, 2010 are fully vested and exercisable.
F4: Options granted January 24, 2011 vest at a rate of 2.08% per month for 48 months.
F5: Options granted December 3, 2005 are fully vested and exercisable.