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ADOBE INC. — Director's Dealing 2017
Jan 26, 2017
29815_dirs_2017-01-26_161d37de-6e22-4b31-90ed-6027b8506a03.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: 2017-01-24
Reporting Person: Parasnis Abhay (EVP & CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-24 | Common Stock | M | 8165 | — | Acquired | 8436 | Direct |
| 2017-01-24 | Common Stock | F | 3549 | $113.72 | Disposed | 4887 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-24 | Restricted Stock Units | $0.0 | M | 8165 | Disposed | Common Stock (8165.0) | Direct | |
| 2017-01-24 | Performance Shares | $0.0 | A | 47210 | Acquired | Common Stock (47210.0) | Direct | |
| 2017-01-24 | Restricted Stock Units | $0.0 | A | 23605 | Acquired | Common Stock (23605.0) | Direct |
Footnotes
F1: Shares surrendered to pay tax liability due at vesting.
F2: Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2016 vesting commencement date.
F3: The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2017 vesting commencement date, if the performance goal is achieved.
F4: Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2017 vesting commencement date.