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ADOBE INC. — Director's Dealing 2017
Feb 3, 2017
29815_dirs_2017-02-03_4bed5be5-d8ff-4364-9620-554949f46cb7.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: 2017-02-02
Reporting Person: BURGESS ROBERT K (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-02 | Common Stock | M | 25000 | $42.61 | Acquired | 62124 | Indirect |
| 2017-02-02 | Common Stock | S | 25000 | $113.1884 | Disposed | 37124 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-02 | Stock Options (right to buy) | $42.61 | M | 25000 | Disposed | 2017-04-06 | Common Stock (25000.0) | Direct |
Footnotes
F1: Includes 1,620 shares held in trust for the benefit of the children of Mr. Burgess.
F2: Shares held by The Burgess Family Trust, dtd 07/23/98 of which reporting person is a trustee.
F3: This transaction was executed in multiple trades at prices ranging from $113.135 to $113.21. 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 April 6, 2007 are fully vested and exerciseable.