0001179110-11-012734.txt : 20110829
0001179110-11-012734.hdr.sgml : 20110829
20110829204735
ACCESSION NUMBER: 0001179110-11-012734
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20110818
FILED AS OF DATE: 20110829
DATE AS OF CHANGE: 20110829
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rencher Bradley
CENTRAL INDEX KEY: 0001528579
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15175
FILM NUMBER: 111064109
MAIL ADDRESS:
STREET 1: 345 PARK AVENUE
CITY: SAN JOSE
STATE: CA
ZIP: 95110
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
3
1
edgar.xml
FORM 3 -
X0204
3
2011-08-18
0
0000796343
ADOBE SYSTEMS INC
ADBE
0001528579
Rencher Bradley
ADOBE SYSTEMS INCORPORATED
345 PARK AVENUE
SAN JOSE
CA
95110
0
1
0
0
SVP
Common Stock
18241
D
Stock Option (right to buy)
18.38
2019-02-26
Common Stock
5563
D
Stock Option (right to buy)
22.13
2019-07-30
Common Stock
18545
D
Stock Option (right to buy)
21.02
2014-06-15
Common Stock
27964
D
Stock Option (right to buy)
36.81
2016-11-16
Common Stock
50000
D
Stock Option (right to buy)
34.03
2018-01-24
Common Stock
49000
D
Stock Option (right to buy)
34.16
2017-01-25
Common Stock
23400
D
Restricted Stock Units
00.00
Common Stock
1079
D
Restricted Stock Units
00.00
Common Stock
2511
D
Restricted Stock Units
00.00
Common Stock
7727
D
Restricted Stock Units
00.00
Common Stock
12506
D
Restricted Stock Units
00.00
Common Stock
12300
D
Restricted Stock Units
00.00
Common Stock
22500
D
Restricted Stock Units
00.00
Common Stock
17000
D
Performance Shares
00.00
Common Stock
24000
D
Vests at a rate of 25% on February 27, 2010, and 2.08% per month for 36 months thereafter.
Vests at a rate of 25% on July 31, 2010, and 2.08% per month for 36 months thereafter.
Vests in equal amounts each month over a 42-month period beginning on June 15, 2009.
Vests at a rate of 25% on November 16, 2010, and 2.08% per month for 36 months thereafter.
Vests at a rate of 2.08% per month for 48 months following the January 24, 2011 grant date.
Vests at a rate of 2.08% per month for 48 months following the January 25, 2010 grant date.
Vests at a rate of 25% on the one-year anniversary of the February 15, 2009 vesting start date, and 6.25% per quarter thereafter. The remaining units will vest on November 15, 2011 as to 155 shares with the remaining shares vesting in equal installments of 154 shares on February 15, 2012, May 15, 2012, August 15, 2012, November 15, 2012, February 15, 2013 and May 15, 2013.
Vests at a rate of 25% on the one-year anniversary of the February 15, 2008 vesting start date, and 6.25% per quarter thereafter. The remaining units will vest on November 15, 2011 as to 1,255 shares and February 15, 2012 as to 1,256 shares.
Vests at a rate of 25% on the one-year anniversary of the August 15, 2009 vesting start date, and 6.25% per quarter thereafter. The remaining units will vest on November 15, 2011 as to 966 shares, February 15, 2012 as to 966 shares, May 15, 2012 as to 966 shares, August 15, 2012 as to 966 shares, November 15, 2012 as to 966 shares, February 15, 2013 as to 966 shares, May 15, 2013 as to 965 shares and August 15, 2013 as to the remaining 966 shares.
Vests at a rate of 25% annually on the first, second, third and fourth anniversary of the November 15, 2009 vesting commencement date. The remaining units will vest on November 15, 2011 as to 4,169 shares, November 15, 2012 as to 4,169 shares and November 15, 2013 as to the remaining 4,168 shares.
Vests at a rate of 25% annually on the first, second, third and fourth anniversary of the January 25, 2010 grant date. The remaining units will vest in equal installments on January 25, 2012, January 25, 2013 and January 25, 2014.
Vests at a rate of 25% annually on the first, second, third and fourth anniversary of the August 15, 2010 vesting commencement date. The remaining units will vest in equal installments on August 15, 2012, August 15, 2013 and August 15, 2014.
Vests at a rate of 25% annually on the first, second, third and fourth anniversary of the January 24, 2011 grant date.
Vesting of the Performance Share Units will be 1/3 upon the later of (i) the certification date of performance goal achievement and (ii) the one-year anniversary of the January 24, 2011 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.
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 16,000 shares.
/s/ Justin Judd, as attorney-in-fact
2011-08-29
EX-24
2
ex24rencher.txt
POWER OF ATTORNEY
Know all men by these presents, that the
undersigned hereby constitutes and appoints each of
Tracy Hanson, Cheryl K. House, Justin Judd, Denise Miller
and Jonathan Vaas signing individually, the undersigned's
true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned,
in the undersigned's capacity as a Section 16 officer
of Adobe Systems Incorporated (the "Company"), Forms
3, 4 and 5 in accordance with Section 16(a) of the
Securities Exchange Act of 1934 and the rules
thereunder;
(2) do and perform any and all acts for and on
behalf of the undersigned which may be necessary or
desirable to complete and execute any such Form 3, 4 or
5 and timely file such form with the United States
Securities and Exchange Commission and any stock
exchange or similar authority; and
(3) take any other action of any type whatsoever
in connection with the foregoing which, in the opinion
of such attorney-in-fact, may be of benefit to, in the
best interest of, or legally required by, the
undersigned, it being understood that the documents
executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be
in such form and shall contain such terms and
conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.
The undersigned hereby grants to each such
attorney-in-fact full power and authority to do and
perform any and every act and thing whatsoever
requisite, necessary or proper to be done in the
exercise of any of the rights and powers herein
granted, as fully to all intents and purposes as the
undersigned might or could do if personally present,
with full power of substitution or revocation, hereby
ratifying and confirming all that such attorney-in-
fact, or such attorney-in-fact's substitute or
substitutes, shall lawfully do or cause to be done by
virtue of this Power of Attorney and the rights and
powers herein granted. The undersigned acknowledges
that the foregoing attorneys-in-fact, in serving in
such capacity at the request of the undersigned, are
not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section
16 of the Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force
and effect until the undersigned is no longer required
to file Forms 3, 4 and 5 with respect to the
undersigned's holding of and transaction in securities
issued by the Company, unless earlier revoked by the
undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused
this Power of Attorney to be executed as of August 23,
2011.
/s/ Bradley Rencher
Bradley Rencher