FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
MACROMEDIA INC [ MACR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/03/2005 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 12/03/2005 | D | 101,036 | D | (1) | 0 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Incentive Stock Option (right to buy) | $13.39 | 12/03/2005 | D | 7,279 | (2) | 02/21/2012 | Common Stock | 7,279 | (3) | 0 | D | ||||
Non-Qualified Stock Option (right to buy | $7.77 | 12/03/2005 | D | 37,500 | (2) | 09/12/2012 | Common Stock | 37,500 | (3) | 0 | D | ||||
Non-Qualified Stock Option (right to buy | $13.39 | 12/03/2005 | D | 5,958 | (2) | 02/21/2012 | Common Stock | 5,958 | (3) | 0 | D | ||||
Non-Qualified Stock Option (right to buy | $15.938 | 12/03/2005 | D | 6,015 | (4) | 10/29/2008 | Common Stock | 6,015 | (3) | 0 | D | ||||
Non-Qualified Stock Option (right to buy | $15.99 | 12/03/2005 | D | 200,000 | (5) | 04/18/2010 | Common Stock | 200,000 | (3) | 0 | D | ||||
Non-Qualified Stock Option (right to buy | $19.54 | 12/03/2005 | D | 100,000 | (2) | 04/12/2014 | Common Stock | 100,000 | (3) | 0 | D | ||||
Non-Qualified Stock Option (right to buy | $28 | 12/03/2005 | D | 68,533 | (6) | 08/10/2009 | Common Stock | 68,533 | (3) | 0 | D |
Explanation of Responses: |
1. Disposed of pursuant to merger agreement between issuer and Adobe Systems in exchange for 1.38 shares of Adobe Systems common stock having a market value of $34.97 per share for each share of issuer's common stock on the effective date of the merger. |
2. This option shall become exercisable as to 25% of the shares twelve months following the option grant date and as to 2.0833% of the shares at the end of each full month following such date. |
3. Pursuant to the merger agreement between Macromedia and Adobe Systems, each Macromedia, Inc. outstanding stock option was assumed by Adobe Systems Inc. based on the conversion ratio of 1.38 shares of Adobe Systems common stock for each share of Macromedia, Inc. common stock. The exercise price of Adobe Systems stock options will be equal to the exercise price of the Macromedia stock options divided by 1.38. |
4. This option shall become exercisable as to 2.0833% of the shares at the end of each full succeeding month following the option grant date. |
5. These options were granted in exchange for options previously cancelled as part of Company's option exchange program (see June, 2000 Form 4). 62.5% of the options vest and become exercisable on October 18, 2002, the remainder vest 2.0833% at the end of each succeeding month until the options are fully vested. |
6. This option shall become exercisable as to 4.1667% of the shares at the end of each full month following the option grant date. |
Elizabeth A Nelson | 12/06/2005 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |