-----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, VknrJcNpBwLOpAymM6Y1GYUc+F8BLoamrffLsMDclY+JXgg5zW2Z9J9DK9zWJTet aFiBetE60aERXm9OektT3A== 0001179110-11-001377.txt : 20110126 0001179110-11-001377.hdr.sgml : 20110126 20110126212930 ACCESSION NUMBER: 0001179110-11-001377 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: GARRETT MARK CENTRAL INDEX KEY: 0001246215 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15175 FILM NUMBER: 11550497 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95110-2704 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 0001246215 GARRETT MARK ADOBE SYSTEMS INCORPORATED 345 PARK AVENUE SAN JOSE CA 95110 0 1 0 0 EVP, CFO & Asst. Secretary Common Stock 2011-01-24 4 M 0 12090 00.00 A 48979 I by trust Common Stock 2011-01-24 4 F 0 4563 34.03 D 44416 I by trust Common Stock 2011-01-25 4 M 0 7200 00.00 A 51616 I by trust Common Stock 2011-01-25 4 F 0 2640 33.56 D 48976 I by trust Common Stock 2011-01-25 4 M 0 4250 00.00 A 53226 I by trust Common Stock 2011-01-25 4 F 0 1558 33.56 D 51668 I by trust Common Stock 2011-01-26 4 M 0 5275 00.00 A 56943 I by trust Common Stock 2011-01-26 4 F 0 1934 33.52 D 55009 I by trust Performance Shares 0 2011-01-24 4 M 0 12090 0 D Common Stock 12090 12090 D Performance Shares 0 2011-01-25 4 M 0 7200 0 D Common Stock 7200 14400 D Restricted Stock Units 0 2011-01-25 4 M 0 4250 0 D Common Stock 4250 12750 D Restricted Stock Units 0 2011-01-26 4 M 0 5275 0 D Common Stock 5275 10550 D Stock Option (right to buy) 34.03 2011-01-24 4 A 0 88000 0 A Common Stock 88000 88000 D Performance Shares 0 2011-01-24 5 A 0 E 43500 0 A Common Stock 43500 43500 D Restricted Stock Units 0 2011-01-24 4 A 0 30000 0 A Common Stock 30000 30000 D Shares held by the Garrett Living Trust, dtd 11/15/91 of which reporting person is a trustee. 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 January 28, 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 29,000 shares. Vesting of the Performance Share Units will be 25% 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 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 2011-01-26 -----END PRIVACY-ENHANCED MESSAGE-----