YOCAM DELBERT W 4
4 · ADOBE SYSTEMS INC · Filed Jan 10, 2006
Insider Transaction Report
Form 4
YOCAM DELBERT W
Director
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2006-01-09−40,000→ 0 totalExercise: $20.53From: 2006-01-09Exp: 2011-04-13→ Common Stock (40,000 underlying) - Exercise/Conversion
Common Stock
2006-01-09$20.53/sh+40,000$821,200→ 50,000 total - Sale
Common Stock
2006-01-09$38.66/sh−40,000$1,546,284→ 10,000 total
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.