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