SEC Form 4 · accession 0000796343-18-000191
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Belsky
Officer — EVP, Chief Product Officer
Period of report
Dec 6, 2018
Accepted (ET)
Dec 7, 2018 · 4:48 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 | Dec 6, 2018 | M | 14,217 | $0.00 | A | 14,669 | D | |
| Common StockF2 | Dec 6, 2018 | F | 7,566 | $250.63 | D | 7,103 | 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 UnitsF3 | $0.00 | Dec 6, 2018 | M | 14,217 | D | — | — | Common Stock | 14,217 | 28,433 | D |
Explanation of responses
- F1Includes 140 shares acquired on June 29, 2018 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.
- F2Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.
- F3Vests at a rate of 1/3 annually on the first, second and third anniversaries of December 6, 2017 grant date.