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ADOBE INC. — Director's Dealing 2015
Jan 12, 2015
29815_dirs_2015-01-12_2ba49951-1192-4b7e-9089-31da1fd53988.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: 2015-01-09
Reporting Person: Wadhwani David (SVP & GM, Digital Media)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-09 | Common Stock | M | 11230 | $34.03 | Acquired | 36651 | Direct |
| 2015-01-09 | Common Stock | S | 11230 | $71.8986 | Disposed | 25421 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-09 | Stock Options (right to buy) | $34.03 | M | 11230 | Disposed | 2018-01-24 | Common Stock (11230.0) | Direct |
Footnotes
F1: Includes 421 shares acquired on June 30, 2014 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.
F2: This transaction was executed in multiple trades at prices ranging from $71.89 to $71.93. 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 24, 2011 vest at a rate of 2.08% per month for 48 months.