YOCAM DELBERT W 4
4 · ADOBE SYSTEMS INC · Filed Oct 10, 2003
Insider Transaction Report
Form 4
YOCAM DELBERT W
Director
Transactions
- Sale
Common Stock
2003-10-09$42.10/sh−20,000$842,000→ 10,000 total - Exercise/Conversion
Common Stock
2003-10-09$14.86/sh+20,000$297,188→ 30,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-10-09−20,000→ 0 totalExercise: $14.86From: 2003-10-09Exp: 2009-04-16→ Common Stock (20,000 underlying)
Footnotes (1)
- [F1]Options Vest and become exercisable at a rate of 25% on the day preceding the Annual Meeting of the Stockholders for the first two years following the grant date and 50% on the day preceding the third Annual Meeting following the grant date.