Filing Details
- Accession Number:
- 0000796343-17-000055
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-01-26 16:14:52
- Reporting Period:
- 2017-01-24
- Filing Date:
- 2017-01-26
- Accepted Time:
- 2017-01-26 16:14:52
- 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 | 2017-01-24 | 79,398 | $0.00 | 131,387 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-01-24 | 41,429 | $113.72 | 89,958 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2017-01-24 | 13,366 | $0.00 | 103,324 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-01-24 | 6,444 | $113.72 | 96,880 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2017-01-24 | 11,467 | $0.00 | 108,347 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-01-24 | 5,983 | $113.72 | 102,364 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2017-01-24 | 9,525 | $0.00 | 111,889 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-01-24 | 4,970 | $113.72 | 106,919 | No | 4 | F | Direct | |
Common Stock | Disposition | 2017-01-25 | 55,000 | $113.78 | 51,919 | 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 | Performance Shares | Disposition | 2017-01-24 | 79,398 | $0.00 | 79,398 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2017-01-24 | 13,366 | $0.00 | 13,366 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2017-01-24 | 11,467 | $0.00 | 11,467 | $0.00 |
Common Stock | Restricted Stock Unit | Disposition | 2017-01-24 | 9,525 | $0.00 | 9,525 | $0.00 |
Common Stock | Performance Shares | Acquisiton | 2017-01-24 | 56,660 | $0.00 | 56,660 | $0.00 |
Common Stock | Restricted Stock Unit | Acquisiton | 2017-01-24 | 28,330 | $0.00 | 28,330 | $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 | ||
11,466 | No | 4 | M | Direct | ||
19,050 | No | 4 | M | Direct | ||
56,660 | No | 5 | A | Direct | ||
28,330 | 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 $113.71 to $113.91. 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.
- The Performance Shares vested in full upon the certification of performance goal achievement at 198% following the three-year anniversary of the January 24, 2014 grant date.
- Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2014 vesting commencement date.
- Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2015 vesting commencement date.
- Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2016 vesting commencement date.
- The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2017 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, 2017 vesting commencement date.