SEC Form 4 · accession 0000796343-16-000280
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles M Geschke
Director · Other
Period of report
Mar 21, 2016
Accepted (ET)
Mar 23, 2016 · 4:33 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 | Mar 21, 2016 | M | 25,000 | $42.61 | A | 321,547 | I | By Family Trust |
| Common StockF2,F1 | Mar 21, 2016 | S | 25,000 | $92.475 | 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)F3 | $42.61 | Mar 21, 2016 | M | 25,000 | D | Mar 21, 2016 | Apr 6, 2017 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Shares held by The Geschke Family Trust.
- F2This transaction was executed in multiple trades at prices ranging from $92.32 to $92.55. 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.
- F3Options granted April 6, 2007 are fully vested and exercisable.