$2M of ADBE sold by Kevin Lynch on 01/28/2013

Lynch Kevin M sold 52,189 shares of Adobe Systems Inc stock, or $1,992,007 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on January 28, 2013.

After the transaction, Lynch Kevin M's stake was reported as 49,160 shares of Adobe Systems Inc stock. In addition, Lynch Kevin M performed several other transactions, including using transaction codes 'M' (exercise, usually of options).

As noted on January 28, 2013, Lynch Kevin M's sale was done directly over 1 transaction on January 28, 2013. The share price for the transaction was $38.17 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Lynch Kevin M has sold a total of 52,189 shares of Adobe Systems Inc, proceeds from the sale totaled $1,992,007. Over the same time period, Lynch Kevin M has purchased no shares of Adobe Systems Inc stock. Lynch Kevin M has also performed other transactions including payment of tax liabilites , and exercise of options .

Let's take a quick, high-level look at insider trading at Adobe Systems Inc over the past 12 months. A total of 1,515,077 shares of Adobe Systems Inc stock was sold by insiders, totaling $53,728,371. Over the same time 12 month time period, 5,000 shares of Adobe Systems Inc, for a total value of $190,298 were purchased by company insiders.

To view the complete SEC Filing: Adobe Systems Inc Form 4 (Insider Trading) SEC Filing