HEEGER JAMES 4
4 · ADOBE SYSTEMS INC · Filed Sep 24, 2004
Insider Transaction Report
Form 4
HEEGER JAMES
SVP, Creative Prof. Products
Transactions
- Sale
Common Stock
2004-09-22$49.74/sh−46,000$2,287,999→ 9,914 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-09-22−50,000→ 200,000 totalExercise: $26.47From: 2004-09-22Exp: 2009-11-12→ Common Stock (50,000 underlying) - Exercise/Conversion
Common Stock
2004-09-22$26.47/sh+50,000$1,323,500→ 55,914 total
Footnotes (2)
- [F1]Total includes purchase of 813 shares of common stock on June 30, 2004 pursuant to Adobe's 1997 Employee Stock Purchase Plan.
- [F2]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.