SEC Form 4 · accession 0000796343-15-000129
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley Rencher
Officer — SVP & GM, Digital Marketing
Period of report
Apr 28, 2015
Accepted (ET)
Apr 29, 2015 · 7:25 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 | Apr 28, 2015 | M | 1,900 | $34.16 | A | 47,277 | D | |
| Common Stock | Apr 28, 2015 | M | 17,090 | $34.03 | A | 64,367 | D | |
| Common StockF1 | Apr 28, 2015 | S | 23,209 | $76.1467 | D | 41,158 | 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)F2 | $34.16 | Apr 28, 2015 | M | 1,900 | D | Apr 28, 2015 | Jan 25, 2017 | Common Stock | 1,900 | 21,500 | D |
| Stock Options (right to buy)F3 | $34.03 | Apr 28, 2015 | M | 17,090 | D | Apr 28, 2015 | Jan 24, 2018 | Common Stock | 17,090 | 31,910 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $76.05 to $76.58. 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.
- F2Options granted January 25, 2010 are fully vested and exercisable.
- F3Options granted January 24, 2011 are fully vested and exercisable.