SEDGEWICK ROBERT 4
4 · ADOBE SYSTEMS INC · Filed Oct 1, 2004
Insider Transaction Report
Form 4
SEDGEWICK ROBERT
Director
Transactions
- Exercise/Conversion
Common Stock
2004-09-30$14.86/sh+20,000$297,188→ 44,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-09-30−20,000→ 0 totalExercise: $14.86From: 2004-09-30Exp: 2009-04-16→ Common Stock (20,000 underlying) - Sale
Common Stock
2004-09-30$49.42/sh−20,000$988,390→ 24,000 total
Footnotes (2)
- [F1]Reporting person also indirectly owns 600 shares held by his wife and three sons (200 each), as to all of which the reporting person disclaims beneficial ownership.
- [F2]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.