SEC Form 4 · accession 0000796343-15-000194
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles M Geschke
Director · Other
Period of report
Oct 12, 2015
Accepted (ET)
Oct 13, 2015 · 6:20 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 | Oct 12, 2015 | M | 25,000 | $35.95 | A | 301,060 | I | By Family Trust |
| Common StockF1 | Oct 12, 2015 | M | 31,887 | $23.28 | A | 332,947 | I | By Family Trust |
| Common StockF2,F1 | Oct 12, 2015 | S | 31,701 | $84.161 | D | 301,246 | I | By Family Trust |
| Common StockF3,F1 | Oct 13, 2015 | S | 4,699 | $84.0018 | D | 296,547 | I | By Family Trust |
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 | $35.95 | Oct 12, 2015 | M | 25,000 | D | Oct 12, 2015 | Mar 29, 2016 | Common Stock | 25,000 | 0 | D |
| Stock Options (right to buy)F5 | $23.28 | Oct 12, 2015 | M | 31,887 | D | Oct 12, 2015 | Apr 2, 2016 | Common Stock | 31,887 | 0 | D |
Explanation of responses
- F1Shares held by The Geschke Family Trust.
- F2This transaction was executed in multiple trades at prices ranging from $84.00 to $84.55. 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.
- F3This transaction was executed in multiple trades at prices ranging from $84.00 to $84.015. 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 March 29, 2006 are fully vested and exercisable.
- F5Options granted April 2, 2009 are fully vested and exercisable.