Filing Details

Accession Number:
0000796343-19-000042
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-01-28 16:51:10
Reporting Period:
2019-01-24
Accepted Time:
2019-01-28 16:51:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
796343 Adobe Inc. ADBE Services-Prepackaged Software (7372) 770019522
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1267573 Matthew Thompson Adobe Inc.
345 Park Avenue
San Jose CA 95110
Evp Ww Field Operations 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 2019-01-24 57,150 $0.00 107,290 No 4 M Indirect Trust
Common Stock Disposition 2019-01-24 28,334 $242.56 78,956 No 4 F Indirect Trust
Common Stock Acquisiton 2019-01-24 9,525 $0.00 88,481 No 4 M Indirect Trust
Common Stock Disposition 2019-01-24 4,122 $242.56 84,359 No 4 F Indirect Trust
Common Stock Acquisiton 2019-01-24 9,443 $0.00 93,802 No 4 M Indirect Trust
Common Stock Disposition 2019-01-24 4,681 $242.56 89,121 No 4 F Indirect Trust
Common Stock Acquisiton 2019-01-24 5,114 $0.00 94,235 No 4 M Indirect Trust
Common Stock Disposition 2019-01-24 2,535 $242.56 91,700 No 4 F Indirect Trust
Common Stock Disposition 2019-01-25 3,499 $243.91 88,201 No 4 S Indirect Trust
Common Stock Disposition 2019-01-25 25,226 $245.21 62,975 No 4 S Indirect Trust
Common Stock Disposition 2019-01-25 12,275 $245.82 50,700 No 4 S Indirect Trust
Common Stock Disposition 2019-01-28 560 $241.61 50,140 No 4 S Indirect Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect Trust
No 4 F Indirect Trust
No 4 M Indirect Trust
No 4 F Indirect Trust
No 4 M Indirect Trust
No 4 F Indirect Trust
No 4 M Indirect Trust
No 4 F Indirect Trust
No 4 S Indirect Trust
No 4 S Indirect Trust
No 4 S Indirect Trust
No 4 S Indirect Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Shares Disposition 2019-01-24 57,150 $0.00 57,150 $0.00
Common Stock Restricted Stock Units Disposition 2019-01-24 9,525 $0.00 9,525 $0.00
Common Stock Restricted Stock Units Disposition 2019-01-24 9,443 $0.00 9,443 $0.00
Common Stock Restricted Stock Units Disposition 2019-01-24 5,114 $0.00 5,114 $0.00
Common Stock Performance Shares Acquisiton 2019-01-24 22,688 $0.00 22,688 $0.00
Common Stock Restricted Stock Units Acquisiton 2019-01-24 11,344 $0.00 11,344 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
0 No 4 M Direct
9,443 No 4 M Direct
10,226 No 4 M Direct
22,688 No 5 A Direct
11,344 No 4 A Direct
Footnotes
  1. Shares held by The Thompson Living Trust u/a dtd 08/28/1997 of which the reporting person is a trustee.
  2. Shares surrendered to pay tax liability due at vesting.
  3. This transaction was executed in multiple trades at prices ranging from $243.52 to $244.38. 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. This transaction was executed in multiple trades at prices ranging from $244.58 to $245.55. 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.
  5. This transaction was executed in multiple trades at prices ranging from $245.60 to $246.21. 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.
  6. This transaction was executed in multiple trades at prices ranging from $241.52 to $241.71. 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.
  7. The Performance Shares vested in full upon the certification of performance goal achievement at 200% following the three-year anniversary of the January 24, 2016 vesting commencement date.
  8. Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2016 vesting commencement date.
  9. Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2017 vesting commencement date.
  10. Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2018 vesting commencement date.
  11. Represents 200% of the target payout (the maximum number of Performance Shares that will be earned, if at all) following the three-year performance period.
  12. The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2019 vesting commencement date if the performance goal is achieved.
  13. Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.