Filing Details
- Accession Number:
- 0000796343-14-000049
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-06-25 19:20:58
- Reporting Period:
- 2014-06-22
- Filing Date:
- 2014-06-25
- Accepted Time:
- 2014-06-25 19:20:58
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 796343 | Adobe Systems Inc | ADBE | Services-Prepackaged Software (7372) | 770019522 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1494665 | David Wadhwani | Adobe Systems Incorporated 345 Park Avenue San Jose CA 95110 | Svp & Gm, Digital Media | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2014-06-22 | 5,000 | $0.00 | 30,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-06-22 | 2,609 | $72.61 | 27,391 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2014-06-24 | 3,208 | $34.03 | 30,599 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-06-24 | 5,599 | $72.45 | 25,000 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2014-06-22 | 5,000 | $0.00 | 5,000 | $0.00 |
| Common Stock | Stock Options (right to buy) | Disposition | 2014-06-24 | 3,208 | $34.03 | 3,208 | $34.03 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 12,835 | 2014-06-24 | 2018-01-24 | No | 4 | M | Direct |
Footnotes
- Shares surrendered to pay tax liability due at vesting of Restricted Stock Units. Shares were calculated using the closing price on June 20, 2014 as the 2014 vesting date was Sunday, June 22, 2014.
- This transaction was executed in multiple trades at prices ranging from $72.442 to $72.452. 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.
- This restricted stock unit award vested in full on June 22, 2014.
- Options granted January 24, 2011 vest at a rate of 2.08% per month for 48 months.
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