SEC Form 4 · accession 0000796343-16-000255

ADOBE INC. · ADBE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and CEO · Director

Period of report

Feb 1, 2016

Accepted (ET)

Feb 2, 2016 · 4:35 pm EST

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^F2	Feb 1, 2016	M	22,422	$34.03	A	321,394	I	by trust
Common Stock^F3,F2	Feb 1, 2016	S	18,500	$88.6979	D	302,894	I	by trust
Common Stock^F4,F2	Feb 1, 2016	S	3,922	$89.2646	D	298,972	I	by trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (right to buy)^F5	$34.03	Feb 1, 2016	M	22,422	D	Feb 1, 2016	Jan 24, 2018	Common Stock	22,422	67,264	D

F1The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person March 19, 2015.
F2Shares held by The Narayen Family Trust, dtd 11/30/00, of which the reporting person is a trustee.
F3This transaction was executed in multiple trades at prices ranging from $88.02 to $89.01. 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.
F4This transaction was executed in multiple trades at prices ranging from $89.03 to $89.72. 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.
F5Options granted January 24, 2011 are fully vested and exercisable.