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ADOBE INC. Director's Dealing 2015

Oct 23, 2015

29815_dirs_2015-10-23_7f66df19-724f-4b3c-94e2-1d7db9bb6e71.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: 2015-10-22

Reporting Person: Rencher Bradley (SVP & GM, Digital Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-10-22 Common Stock M 9000 $34.16 Acquired 50503 Direct
2015-10-22 Common Stock M 1000 $34.03 Acquired 51503 Direct
2015-10-22 Common Stock S 26000 $88.6593 Disposed 25503 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-10-22 Stock Options (right to buy) $34.16 M 9000 Disposed 2017-01-25 Common Stock (9000.0) Direct
2015-10-22 Stock Options (right to buy) $34.03 M 1000 Disposed 2018-01-24 Common Stock (1000.0) Direct

Footnotes

F1: Includes 345 shares acquired on June 30, 2015 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.

F2: This transaction was executed in multiple trades at prices ranging from $88.58 to $88.80. 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 are fully vested and exercisable.