Filing Details

Accession Number:
0000796343-15-000177
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-08-18 16:13:05
Reporting Period:
2015-08-16
Filing Date:
2015-08-18
Accepted Time:
2015-08-18 16:13:05
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
1246215 Mark Garrett Adobe Systems Incorporated
345 Park Avenue
San Jose CA 95110
Evp, Cfo & Asst. Secretary 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 2015-08-16 56,250 $0.00 56,250 No 4 M Direct
Common Stock Disposition 2015-08-16 29,351 $86.12 26,899 No 4 F Direct
Common Stock Disposition 2015-08-17 26,899 $86.49 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F 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 2015-08-16 56,250 $0.00 56,250 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
56,250 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 50,000 Indirect by trust
Common Stock 107 Indirect by trust
Footnotes
  1. Shares surrendered to pay tax liability due at vesting of Restricted Stock Units. Shares were calculated using the closing price on August 14, 2015, as the 2015 vesting date was Sunday, August 16, 2015.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person July 31, 2014.
  3. This transaction was executed in multiple trades at prices ranging from $86.31 to $86.64. 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.
  4. Shares held by the Garrett Living Trust, dtd 11/15/91 of which the reporting person is a trustee.
  5. Shares held by the Garrett Family Investment Partnership LP.
  6. Vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the August 16, 2012 grant date.