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ADOBE INC. — Director's Dealing 2015
Nov 3, 2015
29815_dirs_2015-11-03_d1ee7b71-8978-40f9-96b6-b1e316b64c05.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: 2015-11-02
Reporting Person: NARAYEN SHANTANU (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-02 | Common Stock | M | 22422 | $34.03 | Acquired | 299025 | Indirect |
| 2015-11-02 | Common Stock | S | 22422 | $88.8473 | Disposed | 276603 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-02 | Stock Options (right to buy) | $34.03 | M | 22422 | Disposed | 2018-01-24 | Common Stock (22422.0) | Direct |
Footnotes
F1: The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person March 19, 2015.
F2: Shares held by The Narayen Family Trust, dtd 11/30/00, of which the reporting person is a trustee.
F3: This transaction was executed in multiple trades at prices ranging from $88.49 to $89.08. 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.
F4: Options granted January 24, 2011 are fully vested and exercisable.