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ADOBE INC. — Director's Dealing 2017
Dec 29, 2017
29815_dirs_2017-12-29_57f0593c-7d9b-40b2-974c-2dc7386639b2.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: 2017-12-28
Reporting Person: BURGESS ROBERT K (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-28 | Common Stock | M | 25000 | $37.09 | Acquired | 52550 | Indirect |
| 2017-12-28 | Common Stock | S | 25000 | $175.3949 | Disposed | 27550 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-28 | Stock Options (right to buy) | $37.09 | M | 25000 | Disposed | 2018-04-10 | Common Stock (25000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 12375 | Direct |
Footnotes
F1: Includes shares held by The Burgess Family Trust, dtd 07/23/98 of which reporting person is a trustee, and 1,620 shares in trust for the benefit of Mr. Burgess' children.
F2: This transaction was executed in multiple trades at prices ranging from $175.22 to $175.675. 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 April 10, 2008 are fully vested and exercisable.