SEC Form 4 · accession 0000796343-18-000012
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles M Geschke
Director
Period of report
Jan 10, 2018
Accepted (ET)
Jan 11, 2018 · 5:05 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 | Jan 10, 2018 | M | 21,276 | $33.23 | A | 193,300 | I | By Family Trust |
| Common StockF2,F1 | Jan 10, 2018 | S | 16,349 | $186.4099 | D | 176,951 | I | By Family Trust |
| Common StockF3,F1 | Jan 10, 2018 | S | 4,927 | $187.001 | D | 172,024 | 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)F4 | $33.23 | Jan 10, 2018 | M | 21,276 | A | Jan 10, 2018 | Apr 25, 2018 | Common Stock | 21,276 | 0 | D |
Explanation of responses
- F1Shares held by The Geschke Family Trust.
- F2This transaction was executed in multiple trades at prices ranging from $185.83 to $186.81. 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.
- F3This transaction was executed in multiple trades at prices ranging from $186.83 to $187.22. 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 25, 2011 are fully vested and exercisable.