SEDGEWICK ROBERT 4
4 · ADOBE SYSTEMS INC · Filed Jan 11, 2006
Insider Transaction Report
Form 4
SEDGEWICK ROBERT
Director
Transactions
- Sale
Common Stock
2006-01-11$39.35/sh−80,000$3,147,824→ 48,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2006-01-11−80,000→ 0 totalExercise: $20.53From: 2006-01-11Exp: 2011-04-13→ Common Stock (80,000 underlying) - Exercise/Conversion
Common Stock
2006-01-11$20.53/sh+80,000$1,642,400→ 128,000 total
Footnotes (2)
- [F1]Reporting person also indirectly owns 1200 shares held by his minor children, 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.