0000796343-16-000242.txt : 20160127
0000796343-16-000242.hdr.sgml : 20160127
20160127164206
ACCESSION NUMBER: 0000796343-16-000242
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160124
FILED AS OF DATE: 20160127
DATE AS OF CHANGE: 20160127
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ADOBE SYSTEMS INC
CENTRAL INDEX KEY: 0000796343
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 770019522
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1130
BUSINESS ADDRESS:
STREET 1: 345 PARK AVE
CITY: SAN JOSE
STATE: CA
ZIP: 95110-2704
BUSINESS PHONE: 4085366000
MAIL ADDRESS:
STREET 1: 345 PARK AVENUE
CITY: SAN JOSE
STATE: CA
ZIP: 95110-2704
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NARAYEN SHANTANU
CENTRAL INDEX KEY: 0001224154
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15175
FILM NUMBER: 161365474
MAIL ADDRESS:
STREET 1: 345 PARK AVENUE
CITY: SAN JOSE
STATE: CA
ZIP: 95110
4
1
wf-form4_145393091499927.xml
FORM 4
X0306
4
2016-01-24
0
0000796343
ADOBE SYSTEMS INC
ADBE
0001224154
NARAYEN SHANTANU
ADOBE SYSTEMS INCORPORATED
345 PARK AVENUE
SAN JOSE
CA
95110
1
1
0
0
President and CEO
Common Stock
2016-01-24
4
M
0
39375
0
A
315978
I
by trust
Common Stock
2016-01-24
4
F
0
20545
89.63
D
295433
I
by trust
Common Stock
2016-01-24
4
M
0
311850
0
A
607283
I
by trust
Common Stock
2016-01-24
4
F
0
162723
89.63
D
444560
I
by trust
Common Stock
2016-01-24
4
M
0
42183
0
A
486743
I
by trust
Common Stock
2016-01-24
4
F
0
22011
89.63
D
464732
I
by trust
Common Stock
2016-01-24
4
M
0
37834
0
A
502566
I
by trust
Common Stock
2016-01-24
4
F
0
19741
89.63
D
482825
I
by trust
Common Stock
2016-01-26
4
S
0
30669
86.3164
D
452156
I
by trust
Common Stock
2016-01-26
4
S
0
153184
86.9285
D
298972
I
by trust
Restricted Stock Units
0.0
2016-01-24
4
M
0
39375
0
D
Common Stock
39375.0
0
D
Performance Shares
0.0
2016-01-24
4
M
0
311850
0
D
Common Stock
311850.0
0
D
Restricted Stock Units
0.0
2016-01-24
4
M
0
42183
0
D
Common Stock
42183.0
42183
D
Restricted Stock Units
0.0
2016-01-24
4
M
0
37834
0
D
Common Stock
37834.0
75666
D
Performance Shares
0.0
2016-01-25
4
A
0
195930
0
A
Common Stock
195930.0
195930
D
Restricted Stock Unit
0.0
2016-01-25
4
A
0
97965
0
A
Common Stock
97965.0
97965
D
Shares held by The Narayen Family Trust, dtd 11/30/00, of which the reporting person is a trustee.
Shares surrendered to pay tax liability due at vesting.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person March 19, 2015.
This transaction was executed in multiple trades at prices ranging from $85.56 to $86.555. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
This transaction was executed in multiple trades at prices ranging from $86.56 to $87.54. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
RSU award granted on January 24, 2012 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date.
The Performance Shares vested in full upon the certification of performance goal achievement at 198% following the three-year anniversary of the January 24, 2013 grant date.
Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2014 grant date.
Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2015 vesting commencement date.
The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2016 vesting commencement date, if the performance goal is achieved.
Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2016 vesting commencement date.
/s/ Jonathan Vaas, as attorney-in-fact
2016-01-27