AI assistant
ADOBE INC. — Director's Dealing 2015
Feb 2, 2015
29815_dirs_2015-02-02_724a1530-9113-4faa-b1a7-7c06ffb1e790.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ADOBE SYSTEMS INC (ADBE)
CIK: 0000796343
Period of Report: 2015-02-02
Reporting Person: NARAYEN SHANTANU (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-02 | Common Stock | M | 36762 | $34.16 | Acquired | 312943 | Indirect |
| 2015-02-02 | Common Stock | S | 36762 | $69.8925 | Disposed | 276181 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-02 | Stock Option (right to buy) | $34.16 | M | 36762 | Disposed | 2017-01-25 | Common Stock (36762.0) | 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 April 30, 2014.
F2: Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F3: This transaction was executed in multiple trades at prices ranging from $69.09 to $70.58. 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 25, 2010 are fully vested and exercisable.