Filing Details
- Accession Number:
- 0000796343-17-000142
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-07-21 16:55:59
- Reporting Period:
- 2017-07-20
- Filing Date:
- 2017-07-21
- Accepted Time:
- 2017-07-21 16:55:59
- 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 | 2017-07-20 | 41,750 | $0.00 | 46,908 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-07-20 | 21,785 | $149.94 | 25,123 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2017-07-21 | 12,500 | $149.38 | 12,623 | 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 | 2017-07-20 | 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 |
|---|---|---|---|---|---|---|
| 41,750 | No | 4 | M | Direct |
Footnotes
- Includes 271 shares acquired on June 30, 2017 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.
- Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.
- This transaction was executed in multiple trades at prices ranging from $149.35 to $149.5194. 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.
- Vests at a rate of 50% annually on the second and third anniversaries of the July 20, 2015 grant date.
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