YOCAM DELBERT W 4
4 · ADOBE SYSTEMS INC · Filed Oct 2, 2007
Insider Transaction Report
Form 4
YOCAM DELBERT W
Director
Transactions
- Exercise/Conversion
Common Stock
2007-10-01$29.73/sh+25,000$743,375→ 30,000 total - Sale
Common Stock
2007-10-01$43.82/sh−25,000$1,095,585→ 5,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-10-01−25,000→ 25,000 totalExercise: $29.73From: 2007-10-01Exp: 2015-04-29→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]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.