SEC Form 4 · accession 0000796343-17-000064
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert K Burgess
Director
Period of report
Feb 2, 2017
Accepted (ET)
Feb 3, 2017 · 4:11 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 StockF1,F2 | Feb 2, 2017 | M | 25,000 | $42.61 | A | 62,124 | I | by trust |
| Common StockF3,F1,F2 | Feb 2, 2017 | S | 25,000 | $113.1884 | D | 37,124 | 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 Options (right to buy)F4 | $42.61 | Feb 2, 2017 | M | 25,000 | D | Feb 2, 2017 | Apr 6, 2017 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Includes 1,620 shares held in trust for the benefit of the children of Mr. Burgess.
- F2Shares held by The Burgess Family Trust, dtd 07/23/98 of which reporting person is a trustee.
- F3This transaction was executed in multiple trades at prices ranging from $113.135 to $113.21. 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.
- F4Options granted April 6, 2007 are fully vested and exerciseable.