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ADOBE INC. — Director's Dealing 2017
Jan 26, 2017
29815_dirs_2017-01-26_9ef212d7-8de6-4cec-8e4b-37e3bec228c6.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: LAMKIN BRYAN (EVP & GM, Digital Media)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-24 | Common Stock | M | 54351 | — | Acquired | 78016 | Direct |
| 2017-01-24 | Common Stock | F | 28360 | $113.72 | Disposed | 49656 | Direct |
| 2017-01-24 | Common Stock | M | 9150 | — | Acquired | 58806 | Direct |
| 2017-01-24 | Common Stock | F | 4132 | $113.72 | Disposed | 54674 | Direct |
| 2017-01-24 | Common Stock | M | 8033 | — | Acquired | 62707 | Direct |
| 2017-01-24 | Common Stock | F | 4191 | $113.72 | Disposed | 58516 | Direct |
| 2017-01-24 | Common Stock | M | 8619 | — | Acquired | 67135 | Direct |
| 2017-01-24 | Common Stock | F | 4497 | $113.72 | Disposed | 62638 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-24 | Performance Shares | $0.0 | M | 54351 | Disposed | Common Stock (54351.0) | Direct | |
| 2017-01-24 | Restricted Stock Units | $0.0 | M | 9150 | Disposed | Common Stock (9150.0) | Direct | |
| 2017-01-24 | Restricted Stock Units | $0.0 | M | 8033 | Disposed | Common Stock (8033.0) | Direct | |
| 2017-01-24 | Restricted Stock Units | $0.0 | M | 8619 | Disposed | Common Stock (8619.0) | Direct | |
| 2017-01-24 | Performance Shares | $0.0 | A | 51940 | Acquired | Common Stock (51940.0) | Direct | |
| 2017-01-24 | Restricted Stock Units | $0.0 | A | 25970 | Acquired | Common Stock (25970.0) | Direct |
Footnotes
F1: Shares surrendered to pay tax liability due at vesting.
F2: The Performance Shares vested in full upon the certification of performance goal achievement at 198% following the three-year anniversary of the January 24, 2014 grant date.
F3: Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2014 vesting commencement date.
F4: Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2015 vesting commencement date.
F5: Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2016 vesting commencement date.
F6: 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.
F7: Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2017 vesting commencement date.