-----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, MynugMO88oBqOjLRJ1ii4VNH830nQdD1rwdy5M0ZKT7oJ0/mTAWE3sJzLkswZZPO Jrxyd4/8e+LNphJvf9RjlA== 0001179110-11-001372.txt : 20110126 0001179110-11-001372.hdr.sgml : 20110126 20110126212716 ACCESSION NUMBER: 0001179110-11-001372 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110124 FILED AS OF DATE: 20110126 DATE AS OF CHANGE: 20110126 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TARKOFF ROBERT M CENTRAL INDEX KEY: 0001246210 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15175 FILM NUMBER: 11550493 MAIL ADDRESS: STREET 1: 6801 KOLL CENTER PARKWAY CITY: PLEASANTON STATE: CA ZIP: 94566 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 4 1 edgar.xml FORM 4 - X0303 4 2011-01-24 0 0000796343 ADOBE SYSTEMS INC ADBE 0001246210 TARKOFF ROBERT M 345 PARK AVENUE SAN JOSE CA 95110 0 1 0 0 SVP&GM, DESBU Common Stock 2011-01-24 4 M 0 9300 00.00 A 30313 D Common Stock 2011-01-24 4 F 0 3546 34.03 D 26767 D Common Stock 2011-01-25 4 M 0 5850 00.00 A 32617 D Common Stock 2011-01-25 4 F 0 2145 33.56 D 30472 D Common Stock 2011-01-25 4 M 0 3500 00.00 A 33972 D Common Stock 2011-01-25 4 F 0 1283 33.56 D 32689 D Common Stock 2011-01-26 4 M 0 4125 00.00 A 36814 D Common Stock 2011-01-26 4 F 0 1513 33.52 D 35301 D Performance Shares 0 2011-01-24 4 M 0 9300 0 D Common Stock 9300 9300 D Performance Shares 0 2011-01-25 4 M 0 5850 0 D Common Stock 5850 11700 D Restricted Stock Units 0 2011-01-25 4 M 0 3500 0 D Common Stock 3500 10500 D Restricted Stock Units 0 2011-01-26 4 M 0 4125 0 D Common Stock 4125 8250 D Stock Option (right to buy) 34.03 2011-01-24 4 A 0 77000 0 A 2018-01-24 Common Stock 77000 77000 D Performance Shares 0 2011-01-24 5 A 0 E 39000 0 A Common Stock 39000 39000 D Restricted Stock Units 0 2011-01-24 4 A 0 27000 0 A Common Stock 27000 27000 D Shares surrendered to pay tax liability due at vesting of Performance Share Units. Shares surrendered to pay tax liability due at vesting of Restricted Stock 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 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 on the fourth anniversary of the grant date. Represents the number of shares acquired upon vesting of 1/3 of the Performance Share Units earned by the participant in connection with the Performance Share award filed January 26, 2010. The participant earned 135% of the target award based on the achievement of certain pre-established performance goals during the 2010 fiscal year. The remaining Performance Share Units will vest 1/3 on the second and third anniversary of the grant date. The remaining Restricted Stock Units will vest in equal installments on the second, third and fourth anniversary of the grant date. The remaining Restricted Stock Units will vest in equal installments on the 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 2011 fiscal year. Each Performance Share Unit represents a contingent right to receive one share of ADBE common stock. The maximum number represents 150% of the target payout of 26,000 shares. Vesting of the Performance Share Units will be 1/3 upon the later of the (i) certification of performance goal achievement and (ii) the one year anniversary of the grant date, with the remaining Units vesting 1/3 annually on the second and third 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 2011-01-26 -----END PRIVACY-ENHANCED MESSAGE-----