TOWNSLEY THERESA 4
4 · ADOBE SYSTEMS INC · Filed Oct 3, 2003
Insider Transaction Report
Form 4
TOWNSLEY THERESA
SVP, Human Resources
Transactions
- Sale
Common Stock
2003-10-01$39.45/sh−88,750$3,501,188→ 13,731 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-10-01−93,275→ 30,775 totalExercise: $27.69From: 2003-10-01Exp: 2003-03-09→ Common Stock (93,275 underlying) - Exercise/Conversion
Common Stock
2003-10-01$27.69/sh+475$13,152→ 9,206 total - Exercise/Conversion
Common Stock
2003-10-01$27.69/sh+93,275$2,582,552→ 102,481 total - Exercise/Conversion
Incentive Stock Option (right to buy)
2003-10-01−475→ 475 totalExercise: $27.69From: 2003-10-01Exp: 2009-03-02→ Common Stock (475 underlying)
Footnotes (1)
- [F1]Vests and becomes exercisable at a rate of 2.08% per month for the first 24 months, then 4.17% per month for the next 12 months. Option includes provision permitting the reporting person to elect to have shares withheld upon exercise to satisfy withholding tax obligations.