SEC Form 4 · accession 0000796343-15-000123
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John E Warnock
Director · Other
Period of report
Apr 13, 2015
Accepted (ET)
Apr 15, 2015 · 4:01 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 StockF1,F2 | Apr 13, 2015 | S | 15,000 | $76.1557 | D | 708,703 | I | by trust |
| Common StockF2 | Apr 14, 2015 | M | 8,382 | $45.03 | A | 717,085 | I | by trust |
| Common StockF2 | Apr 14, 2015 | M | 21,258 | $33.18 | A | 738,343 | I | by trust |
| Common StockF2 | Apr 14, 2015 | M | 21,276 | $33.23 | A | 759,619 | I | by trust |
| Common StockF2 | Apr 14, 2015 | M | 15,942 | $23.28 | A | 775,561 | I | by trust |
| Common StockF3,F2 | Apr 14, 2015 | S | 66,858 | $75.0386 | D | 708,703 | I | by trust |
| Common Stock | holding | — | — | — | 22,868 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F4 | $45.03 | Apr 14, 2015 | M | 8,382 | D | Apr 14, 2015 | Apr 12, 2020 | Common Stock | 8,382 | 0 | D |
| Stock Options (right to buy)F5 | $33.18 | Apr 14, 2015 | M | 21,258 | D | Apr 14, 2015 | Apr 13, 2019 | Common Stock | 21,258 | 0 | D |
| Stock Options (right to buy)F6 | $33.23 | Apr 14, 2015 | M | 21,276 | D | Apr 14, 2015 | Apr 25, 2018 | Common Stock | 21,276 | 0 | D |
| Stock Options (right to buy)F7 | $23.28 | Apr 14, 2015 | M | 15,942 | D | Apr 14, 2015 | Apr 2, 2016 | Common Stock | 15,942 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $76.15 to $76.18. 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 Warnock Family Trust uad 08/27/12 of which the reporting person is a trustee.
- F3This transaction was executed in multiple trades at prices ranging from $75.90 to $76.34. 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.
- F4Options granted April 12, 2013 are fully vested and exercisable.
- F5Options granted April 13, 2012 are fully vested and exercisable.
- F6Options granted April 25, 2011 are fully vested and exercisable.
- F7Options granted April 2, 2009 are fully vested and exercisable.