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ADOBE INC. — Director's Dealing 2018
Jan 26, 2018
29815_dirs_2018-01-26_a4de06cb-5a55-401e-8961-4dac818d276b.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: 2018-01-24
Reporting Person: GARRETT MARK (EVP, CFO & Asst. Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-01-24 | Common Stock | M | 68800 | — | Acquired | 73139 | Direct |
| 2018-01-24 | Common Stock | F | 33373 | $197.78 | Disposed | 39766 | Direct |
| 2018-01-24 | Common Stock | M | 11466 | — | Acquired | 51232 | Direct |
| 2018-01-24 | Common Stock | F | 5684 | $197.78 | Disposed | 45548 | Direct |
| 2018-01-24 | Common Stock | M | 9072 | — | Acquired | 54620 | Direct |
| 2018-01-24 | Common Stock | F | 4497 | $197.78 | Disposed | 50123 | Direct |
| 2018-01-24 | Common Stock | M | 8657 | — | Acquired | 58780 | Direct |
| 2018-01-24 | Common Stock | F | 4292 | $197.78 | Disposed | 54488 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-01-24 | Performance Shares | $0.0 | M | 68800 | Disposed | Common Stock (68800.0) | Direct | |
| 2018-01-24 | Restricted Stock Units | $0.0 | M | 11466 | Disposed | Common Stock (11466.0) | Direct | |
| 2018-01-24 | Restricted Stock Units | $0.0 | M | 9072 | Disposed | Common Stock (9072.0) | Direct | |
| 2018-01-24 | Restricted Stock Units | $0.0 | M | 8657 | Disposed | Common Stock (8657.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 50000 | Indirect |
Footnotes
F1: Shares surrendered to pay tax liability due at vesting.
F2: Shares held by the Garrett Living Trust, dtd 11/15/91 of which reporting person is a trustee.
F3: The Performance Shares vested in full upon the certification of performance goal achievement at 200% following the three-year anniversary of the January 24, 2015 grant 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: Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2017 vesting commencement date.