-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IjOL3FLpaTDnFJsyDtIVhH4ILRbQJiyZLlXi8GnLWLyafvWWLjhWTmIyC3xAO3Ik J+hcWvPILYQnIYbjTocdUQ== 0001179110-09-001636.txt : 20090127 0001179110-09-001636.hdr.sgml : 20090127 20090127215759 ACCESSION NUMBER: 0001179110-09-001636 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090124 FILED AS OF DATE: 20090127 DATE AS OF CHANGE: 20090127 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: LYNCH KEVIN M CENTRAL INDEX KEY: 0001198791 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15175 FILM NUMBER: 09549529 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95110-2704 BUSINESS PHONE: 408 536-6000 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95110-2704 4 1 edgar.xml FORM 4 - X0303 4 2009-01-24 0 0000796343 ADOBE SYSTEMS INC ADBE 0001198791 LYNCH KEVIN M ADOBE SYSTEMS INCORPORATED 345 PARK AVENUE SAN JOSE CA 95110 0 1 0 0 CTO, SVP Platform Business Common Stock 2009-01-24 4 M 0 8334 00.00 A 36787 D Common Stock 2009-01-24 4 F 0 3287 19.70 D 33500 D Common Stock 2009-01-26 4 M 0 12090 00.00 A 45590 D Common Stock 2009-01-26 4 F 0 4322 19.93 D 41268 D Performance Shares 0 2009-01-24 4 M 0 8334 0 D Common Stock 8334 16666 D Performance Shares 0 2009-01-26 4 M 0 12090 0 D Common Stock 12090 36270 D Incentive Stock Option (right to buy) 19.93 2009-01-26 4 A 0 3313 0 A 2016-01-26 Common Stock 3313 3313 D Non-Qualified Stock Option (right to buy) 19.93 2009-01-26 4 A 0 123287 0 A 2016-01-26 Common Stock 123287 123287 D Performance Shares 0 2009-01-26 5 A 0 E 24265 0 A Common Stock 24265 24265 D Restricted Stock Units 0 2009-01-26 4 A 0 21100 0 A Common Stock 21100 21100 D Shares acquired on December 31, 2008 pursuant to Adobe's 1997 Employee Stock Purchase Plan. Shares surrendered to pay tax liability due at vesting of Performance Share Units. Shares were calculated using the closing price on January 23, 2009 as the 2009 vesting date was Saturday, January 24, 2009. Shares surrendered to pay tax liability due at vesting of Performance Share Units. Represents the number of shares acquired upon vesting of 25% of the Performance Share Units earned by the participant in connection with the Performance Share award filed April 18, 2008. The participant earned 200% of the target award based on the achievement of certain pre-established performance goals during the 2007 fiscal year. The remaining Performance Share Units will vest 25% annually on the third and fourth anniversary of the grant date. Represents the number of shares acquired upon vesting of 25% of the Performance Share Units earned by the participant in connection with the Performance Share award filed April 18, 2008. The participant earned 124% of the target award based on the achievement of certain pre-established performance goals during the 2008 fiscal year. The remaining Performance Share Units will vest 25% annually on the second, third and fourth anniversary of the grant date. Vests at a rate of 2.08% per month for 48 months. Represents the maximum number of Performance Shares that will be earned, if at all, based on the achievement of certain pre-established performance goals during the 2009 fiscal year. Each Performance Share Unit represents a contingent right to receive one share of ADBE common stock. The maximum number represents 115% of the target payout of 47,550 shares. Vesting of the Performance Share Units will be 25% upon the later of the (i) first anniversary of the vesting grant date and (ii) the certification of performance goal achievement, with the remaining Units vesting 25% annually on the second, third, and fourth anniversary of the grant date if the initial performance goals are achieved. Vests at a rate of 25% annually on the first, second, third and fourth anniversary of the grant date. /s/Stuart Fagin, as attorney-in-fact 2009-01-27 -----END PRIVACY-ENHANCED MESSAGE-----