SEC Form 4 · accession 0000796343-15-000074
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan Lamkin
Officer — SVP, Technology & Corp Dev
Period of report
Mar 15, 2015
Accepted (ET)
Mar 16, 2015 · 7:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000796343
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 15, 2015 | M | 19,750 | $0.00 | A | 31,201 | D | |
| Common StockF1 | Mar 15, 2015 | F | 10,305 | $77.62 | D | 20,896 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Mar 15, 2015 | M | 19,750 | D | — | — | Common Stock | 19,750 | 39,500 | D |
Explanation of responses
- F1Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.
- F2RSU award granted on March 15, 2013 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. The remaining units will vest on March 15, 2016 as to 19,750 shares and March 15, 2017 as to the remaining 19,750 shares.