SEC Form 4 · accession 0000796343-15-000086
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward W Barnholt
Director
Period of report
Mar 24, 2015
Accepted (ET)
Mar 25, 2015 · 5:04 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 24, 2015 | M | 25,000 | $42.61 | A | 50,712 | D | |
| Common StockF1 | Mar 24, 2015 | S | 25,000 | $75.6813 | D | 25,712 | D | |
| Common StockF2 | holding | — | — | — | 5,000 | I | by trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $42.61 | Mar 24, 2015 | M | 25,000 | D | Mar 24, 2015 | Apr 6, 2017 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $75.66 to $75.72. 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.
- F2Shares held by the Barnholt Family Trust.
- F3Options granted April 6, 2007 are fully vested and exercisable.