KOON IVAN M 4
4 · ADOBE SYSTEMS INC · Filed Apr 6, 2004
Insider Transaction Report
Form 4
KOON IVAN M
SVP, Intelligent Documents
Transactions
- Exercise/Conversion
Common Stock
2004-04-05$18.42/sh+14,948$275,342→ 22,601 total - Exercise/Conversion
Incentive Stock Option (right to buy)
2004-04-05−1,809→ 9,047 totalExercise: $18.42From: 2004-04-05Exp: 2010-09-03→ Common Stock (1,809 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-04-05−14,948→ 111,901 totalExercise: $18.42From: 2004-04-05Exp: 2010-09-03→ Common Stock (14,948 underlying) - Sale
Common Stock
2004-04-05$40.91/sh−21,215$867,916→ 9,445 total - Exercise/Conversion
Common Stock
2004-04-05$18.42/sh+1,809$33,322→ 24,410 total - Exercise/Conversion
Common Stock
2004-04-05$26.47/sh+6,250$165,438→ 30,660 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-04-05−6,250→ 66,667 totalExercise: $26.47From: 2004-04-05Exp: 2009-11-12→ Common Stock (6,250 underlying)
Footnotes (2)
- [F1]Vests at a rate of 25% one year after grant date, 2.08% per month for the following 12 months, and 4.17% per month for the remaining 12 months.
- [F2]Vests and becomes exercisable at a rate of 2.08% per month for the first 24 months, then 4.17% per month for the next 12 months. Option includes provision permitting the reporting person to elect to have shares withheld upon exercise to satisfy withholding tax obligations.