SEC Form 4 · accession 0000796343-16-000274
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan Lamkin
Officer — EVP & GM, Digital Media
Period of report
Mar 15, 2016
Accepted (ET)
Mar 16, 2016 · 4:17 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 | Mar 15, 2016 | M | 19,750 | $0.00 | A | 43,315 | D | |
| Common StockF1 | Mar 15, 2016 | F | 10,305 | $86.83 | D | 33,010 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Mar 15, 2016 | M | 19,750 | D | — | — | Common Stock | 19,750 | 19,750 | D |
Explanation of responses
- F1Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.
- F2RSU award granted on March 15, 2013 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. The remaining units will vest on March 15, 2017.