EX-99.(A)(1)(G) 16 a2111314zex-99_a1g.htm EXHIBIT 99.(A)(1)(G)
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Exhibit 99.(A)(1)(G)

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Adobe ®
Stock Option Exchange
Program

Sean Armijo
 Sr. Equity Compensation Lead

May 2003

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Agenda

    •
    Summary of Stock Option Exchange Program

    •
    Terms of New Stock Option Grants

    •
    Dates to Remember

    •
    Considerations

    •
    Participation

    •
    Disclosure

    •
    Q&A

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Summary of Stock Option
Exchange Program

•
Plan Definition

•
An offer to grant replacement stock options

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Must be granted at least six months and one day after cancel date

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Priced at fair market value (FMV) on new grant date

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Eligibility

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Options priced between $40.01-49.99 are eligible for 1.5 to 1 exchange ratio

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Options priced $50.00 and above are eligible for 2 to 1 exchange ratio

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Must be an employee through grant date

•
ETeam and Board of Directors are not eligible

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Terms of New Stock Option Grants

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Vesting

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New stock option grants will begin vesting at time of grant

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3-year vest period

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25% after year one

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2.08% monthly during year two

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4.17% monthly during year three

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New stock option grants will have a six-year term

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Other terms and conditions are similar to current stock option grants

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Dates to Remember

•
Friday, May 16, 2003—Offer Date

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Begin submitting Stock Option Exchange Election Form

•
Monday, June 16, 2003—Expiration Date

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Last day to submit Stock Option Exchange Election Form, if participating

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Form must be properly submitted by 11:59 p.m. Pacific Time (no exceptions)

•
New Grant Date

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Grant date to be determined by Board of Directors

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At least six months and one day from expiration date (at the earliest December 17, 2003)

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Considerations

•
Taxation

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Employees should consult their tax and financial advisors

•
U.S. employees

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Exchange is a non-taxable event

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Non-U.S. employees

•
Refer to the Offer to Exchange (Tender Offer) for country-specific tax information

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Option Price

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New option price could be higher than exchanged option price

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New Grant Date

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New grant date is subject to Board of Director approval and will be at least 6 months and 1 day from cancellation of the exchanged options

•
Must be employed through grant date to receive new options; exchanged options will not be reinstated

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Participation

•
Stock Option Exchange Election Form

•
Located on Inside Adobe/Everyday Tools/Forms Directory

•
Preferred method is to submit electronically

•
Fax forms (408) 537-4100

•
Fax if unable to access Adobe Forms

•
Contact Equity Compensation to obtain form

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Accessible Information

•
Tender Offer, Summary of Terms and related documents

•
Inside Adobe under Et cetera/2003 Stock Option Exchange Information

•
View current stock option information

•
www.optionslink.com

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Stock Option Exchange Election Form (eligible options only)

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Questions can be addressed to

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optionx@adobe.com

•
Equity Compensation - (408) 536 -3122

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Documents can also be found on the SEC website at www.sec.gov

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Disclosure

•
Due to SEC regulations, Adobe cannot provide additional information other than what has been provided in the Tender Offer

•
Adobe will not be able to assist employees in their decision making as to whether or not to participate in the program

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Q & A

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QuickLinks

Agenda
Summary of Stock Option Exchange Program
Terms of New Stock Option Grants
Dates to Remember
Considerations
Participation
Disclosure
Q & A