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
- Shares surrendered to pay tax liability due at vesting.
- 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.
- 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.
- 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.
- Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2014 grant date.
- Vests 1/3 on each of January 24, 2016, January 24, 2017 and January 24, 2018.
- 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.
- Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2016 vesting commencement date.