TOWNSLEY THERESA 4
4 · ADOBE SYSTEMS INC · Filed Jan 6, 2006
Insider Transaction Report
Form 4
TOWNSLEY THERESA
SVP, Human Resources
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2006-01-06−200,000→ 44,558 totalExercise: $32.16From: 2006-01-06Exp: 2008-11-29→ Common Stock (200,000 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2006-01-06−32,833→ 267,167 totalExercise: $27.83From: 2006-01-06Exp: 2008-03-31→ Common Stock (32,833 underlying) - Sale
Common Stock
2006-01-06$39.00/sh−232,833$9,080,487→ 77,762 total - Exercise/Conversion
Common Stock
2006-01-06$27.83/sh+32,833$913,683→ 310,595 total - Exercise/Conversion
Common Stock
2006-01-06$32.16/sh+200,000$6,431,260→ 277,762 total
Footnotes (2)
- [F1]Reporting person also has power of attorney over 1,642 shares held by her mother-in-law, as to which the reporting person disclaims beneficial ownership.
- [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.