Filing Details

Accession Number:
0000796343-18-000140
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-07-24 16:51:34
Reporting Period:
2018-07-20
Accepted Time:
2018-07-24 16:51:34
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
1647550 Abhay Parasnis Adobe Systems Incorporated
345 Park Avenue
San Jose CA 95110
Evp & Cto 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 2018-07-20 41,750 $0.00 62,575 No 4 M Direct
Common Stock Disposition 2018-07-20 20,699 $257.54 41,876 No 4 F Direct
Common Stock Disposition 2018-07-24 10,500 $260.01 31,376 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 2018-07-20 41,750 $0.00 41,750 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  1. Includes 140 shares acquired on June 29, 2018 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.
  2. Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.
  3. This transaction was executed in multiple trades at prices ranging from $259.97 to $260.14. 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. Vests at a rate of 50% on each of the second and third anniversaries of the July 20, 2015 vesting commencement date.