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ADOBE INC. — Director's Dealing 2015
Jan 28, 2015
29815_dirs_2015-01-28_885da17e-7bad-4441-b4b8-4de06e145f00.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: 2015-01-24
Reporting Person: Gupta Naresh (SVP, Print & Publishing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-24 | Common Stock | M | 11600 | — | Acquired | 40553 | Direct |
| 2015-01-24 | Common Stock | M | 7500 | — | Acquired | 48053 | Direct |
| 2015-01-24 | Common Stock | M | 4750 | — | Acquired | 52803 | Direct |
| 2015-01-24 | Common Stock | M | 12500 | — | Acquired | 65303 | Direct |
| 2015-01-24 | Common Stock | M | 5634 | — | Acquired | 70937 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-24 | Performance Shares | $0.0 | M | 11600 | Disposed | Common Stock (11600.0) | Direct | |
| 2015-01-24 | Restricted Stock Units | $0.0 | M | 7500 | Disposed | Common Stock (7500.0) | Direct | |
| 2015-01-24 | Restricted Stock Units | $0.0 | M | 4750 | Disposed | Common Stock (4750.0) | Direct | |
| 2015-01-24 | Restricted Stock Units | $0.0 | M | 12500 | Disposed | Common Stock (12500.0) | Direct | |
| 2015-01-24 | Restricted Stock Units | $0.0 | M | 5634 | Disposed | Common Stock (5634.0) | Direct |
Footnotes
F1: Represents the number of shares acquired upon vesting of 1/3 of the Performance Shares earned by the participant in connection with the Performance Share award filed on Form 3 on January 24, 2014. The participant earned 116% of the target award based on the achievement of certain pre-established performance goals during the 2012 fiscal year. This Performance Share award vested in full on the third anniversary of the January 24, 2012 grant date.
F2: RSU award granted on January 24, 2012 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. The remaining units will vest on January 24, 2016 as to the remaining 7,500 shares.
F3: RSU award granted on January 24, 2011 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. This Restricted Stock Unit award vested in full on January 24, 2015.
F4: Vests at a rate of 50% annually on the first and second anniversaries of the January 24, 2013 grant date. This Restricted Stock Unit award vested in full on January 24, 2015.
F5: RSU award granted on January 24, 2014 vests at a rate of 1/3 annually on the first, second and third anniversaries of the grant date. The remaining units will vest on January 24, 2016 as to 5,633 shares and January 24, 2017 as to the remaining 5,633 shares.