COTTLE KAREN O 4
4 · ADOBE SYSTEMS INC · Filed Jul 5, 2012
Insider Transaction Report
Form 4
COTTLE KAREN O
SVP, Gen. Counsel & Secretary
Transactions
- Sale
Common Stock
2012-07-05$32.50/sh−8,033$261,074→ 74,980 total - Exercise/Conversion
Stock Option (right to buy)
2012-07-05−8,033→ 14,438 totalExercise: $19.93From: 2012-07-05Exp: 2016-01-26→ Common Stock (8,033 underlying) - Exercise/Conversion
Stock Option (right to buy)
2012-07-03−2,280→ 22,471 totalExercise: $19.93From: 2012-07-03Exp: 2016-01-26→ Common Stock (2,280 underlying) - Sale
Common Stock
2012-07-03$32.50/sh−2,280$74,100→ 74,980 total - Exercise/Conversion
Common Stock
2012-07-03$19.93/sh+2,280$45,440→ 77,260 total - Exercise/Conversion
Common Stock
2012-07-05$19.93/sh+8,033$160,098→ 83,013 total
Footnotes (3)
- [F1]Includes 875 shares acquired on June 29, 2012 pursuant to Adobe's 1997 Employee Stock Purchase Plan, as amended.
- [F2]This transaction was executed in multiple trades at prices ranging from $32.500 to $32.505. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- [F3]Vests monthly at a rate of 2.08% of the original grants of 99,000 shares for 48 months from the original grant date of January 26, 2009.