SEC Form 4 · accession 0000796343-15-000200
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Sedgewick
Director
Period of report
Oct 23, 2015
Accepted (ET)
Oct 23, 2015 · 7:06 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 | Oct 23, 2015 | M | 15,942 | $23.28 | A | 91,863 | D | |
| Common StockF1 | Oct 23, 2015 | S | 15,942 | $88.9752 | D | 75,921 | 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 | $23.28 | Oct 23, 2015 | M | 15,942 | D | Oct 23, 2015 | Apr 2, 2016 | Common Stock | 15,942 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $88.655 to $89.09. 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 April 2, 2009 are fully vested and exercisable.