Filing Details

Accession Number:
0000796343-16-000234
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-01-27 16:34:18
Reporting Period:
2016-01-24
Filing Date:
2016-01-27
Accepted Time:
2016-01-27 16:34:18
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
1267573 Matthew Thompson Adobe Systems Incorporated
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 2016-01-24 15,625 $0.00 67,343 No 4 M Direct
Common Stock Disposition 2016-01-24 6,578 $89.63 60,765 No 4 F Direct
Common Stock Acquisiton 2016-01-24 108,900 $0.00 169,665 No 4 M Direct
Common Stock Disposition 2016-01-24 56,824 $89.63 112,841 No 4 F Direct
Common Stock Acquisiton 2016-01-24 13,367 $0.00 126,208 No 4 M Direct
Common Stock Disposition 2016-01-24 6,974 $89.63 119,234 No 4 F Direct
Common Stock Acquisiton 2016-01-24 11,467 $0.00 130,701 No 4 M Direct
Common Stock Disposition 2016-01-24 5,983 $89.63 124,718 No 4 F Direct
Common Stock Disposition 2016-01-26 73,000 $86.84 51,718 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 F Direct
No 4 M Direct
No 4 F Direct
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 2016-01-24 15,625 $0.00 15,625 $0.00
Common Stock Performance Shares Disposition 2016-01-24 108,900 $0.00 108,900 $0.00
Common Stock Restricted Stock Units Disposition 2016-01-24 13,367 $0.00 13,367 $0.00
Common Stock Restricted Stock Units Disposition 2016-01-24 11,467 $0.00 11,467 $0.00
Common Stock Performance Shares Acquisiton 2016-01-25 57,150 $0.00 57,150 $0.00
Common Stock Restricted Stock Unit Acquisiton 2016-01-25 28,575 $0.00 28,575 $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
13,366 No 4 M Direct
22,933 No 4 M Direct
57,150 No 4 A Direct
28,575 No 4 A Direct
Footnotes
  1. Shares surrendered to pay tax liability due at vesting.
  2. This transaction was executed in multiple trades at prices ranging from $86.29 to $87.12. 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.
  3. RSU award granted on January 24, 2012 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date.
  4. The Performance Shares vested in full upon the certification of performance goal achievement at 198% following the three-year anniversary of the January 24, 2013 grant date.
  5. Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2014 grant date.
  6. Vests 1/3 on each of January 24, 2016, January 24, 2017 and January 24, 2018.
  7. The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2016 vesting commencement date, if the performance goal is achieved.
  8. Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2016 vesting commencement date.