SEC Form 4 · accession 0000796343-16-000374
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donna Morris
Officer — EVP, Cust. & Emp. Experience
Period of report
Aug 10, 2016
Accepted (ET)
Aug 11, 2016 · 4:05 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 StockF2,F3 | Aug 10, 2016 | M | 2,335 | $34.03 | A | 76,614 | I | by trust |
| Common StockF3 | Aug 10, 2016 | S | 2,335 | $100.00 | D | 74,279 | I | by trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $34.03 | Aug 10, 2016 | M | 2,335 | D | Aug 10, 2016 | Jan 24, 2018 | Common Stock | 2,335 | 0 | D |
Explanation of responses
- 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 April 11, 2016.
- F2Includes 271 shares acquired on June 30, 2016 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.
- F3Shares held by The Morris Family Rev Trust.
- F4Options granted January 24, 2011 are fully vested and exercisable.