TOWNSLEY THERESA 4
4 · ADOBE SYSTEMS INC · Filed Sep 30, 2004
Insider Transaction Report
Form 4
TOWNSLEY THERESA
SVP, Human Resources
Transactions
- Exercise/Conversion
Common Stock
2004-09-29$35.69/sh+150,000$5,353,125→ 223,808 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-09-29−150,000→ 0 totalExercise: $35.69From: 2004-09-29Exp: 2007-11-08→ Common Stock (150,000 underlying) - Sale
Common Stock
2004-09-29$49.23/sh−228,575$11,251,924→ 26,008 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-09-29−30,775→ 0 totalExercise: $27.69From: 2004-09-29Exp: 2009-03-02→ Common Stock (30,775 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-09-29−50,000→ 17,709 totalExercise: $26.95From: 2004-09-29Exp: 2009-11-02→ Common Stock (50,000 underlying) - Exercise/Conversion
Common Stock
2004-09-29$26.95/sh+50,000$1,347,500→ 73,808 total - Exercise/Conversion
Common Stock
2004-09-29$27.69/sh+30,775$852,083→ 254,583 total
Footnotes (2)
- [F1]Total includes purchase of 976 shares of common stock on June 30, 2004 pursuant to Adobe's 1997 Employee Stock Purchase Plan.
- [F2]Vests at a rate of 25% one year after grant date, 2.08% per month for the following 12 months, and 4.17% per month for the remaining 12 months.