0001179110-13-001311.txt : 20130128
0001179110-13-001311.hdr.sgml : 20130128
20130128213322
ACCESSION NUMBER: 0001179110-13-001311
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130124
FILED AS OF DATE: 20130128
DATE AS OF CHANGE: 20130128
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: THOMPSON MATTHEW
CENTRAL INDEX KEY: 0001267573
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15175
FILM NUMBER: 13553398
MAIL ADDRESS:
STREET 1: 20450 STEVENS CREEK BOULEVARD, SUITE 800
STREET 2: C/O BORLAND SOFTWARE CORP
CITY: CUPERTINO
STATE: CA
ZIP: 95014
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 -
X0306
4
2013-01-24
0
0000796343
ADOBE SYSTEMS INC
ADBE
0001267573
THOMPSON MATTHEW
ADOBE SYSTEMS INCORPORATED
345 PARK AVENUE
SAN JOSE
CA
95110
0
1
0
0
EVP WW Field Operations
Common Stock
2013-01-24
4
M
0
24168
00.00
A
64313
D
Common Stock
2013-01-24
4
F
0
11408
38.10
D
52905
D
Common Stock
2013-01-24
4
M
0
15625
00.00
A
68530
D
Common Stock
2013-01-24
4
F
0
8153
38.10
D
60377
D
Common Stock
2013-01-24
4
M
0
11267
00.00
A
71644
D
Common Stock
2013-01-24
4
F
0
4362
38.10
D
67282
D
Common Stock
2013-01-24
4
M
0
6750
00.00
A
74032
D
Common Stock
2013-01-24
4
F
0
2536
38.10
D
71496
D
Common Stock
2013-01-25
4
M
0
6300
00.00
A
77796
D
Common Stock
2013-01-25
4
F
0
3287
38.32
D
74509
D
Common Stock
2013-01-25
4
M
0
3750
00.00
A
78259
D
Common Stock
2013-01-25
4
F
0
1956
38.32
D
76303
D
Common Stock
2013-01-25
4
M
0
12500
00.00
A
88803
D
Common Stock
2013-01-25
4
F
0
6522
38.32
D
82281
D
Common Stock
2013-01-25
4
S
0
31350
38.3604
D
50931
D
Common Stock
2013-01-26
4
M
0
4125
00.00
A
55056
D
Common Stock
2013-01-26
4
F
0
2152
38.32
D
52904
D
Common Stock
2013-01-28
4
S
0
12759
38.1443
D
40145
D
Performance Shares
0
2013-01-24
4
M
0
24168
0
D
Common Stock
24168
48332
D
Restricted Stock Units
0
2013-01-24
4
M
0
15625
0
D
Common Stock
15625
46875
D
Performance Shares
0
2013-01-24
4
M
0
11267
0
D
Common Stock
11267
11266
D
Restricted Stock Units
0
2013-01-24
4
M
0
6750
0
D
Common Stock
6750
13500
D
Performance Shares
0
2013-01-25
4
M
0
6300
0
D
Common Stock
6300
0
D
Restricted Stock Units
0
2013-01-25
4
M
0
3750
0
D
Common Stock
3750
3750
D
Restricted Stock Units
0
2013-01-25
4
M
0
12500
0
D
Common Stock
12500
12500
D
Restricted Stock Units
0
2013-01-26
4
M
0
4125
0
D
Common Stock
4125
0
D
Performance Shares
0
2013-01-24
5
A
0
E
110000
0
A
Common Stock
110000
110000
D
Restricted Stock Units
0
2013-01-24
4
A
0
55000
0
A
Common Stock
55000
55000
D
Shares surrendered to pay tax liability due at vesting of Performance Shares.
Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.
This transaction was executed in multiple trades at prices ranging from $38.350 to $38.395. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
This transaction was executed in multiple trades at prices ranging from $38.1300 to $38.1625. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
Represents the number of shares acquired upon vesting of 1/3 of the Performance Shares earned by the participant in connection with the Performance Share award filed January 26, 2012. The participant earned 116% of the target award based on the achievement of certain pre-established performance goals during the 2012 fiscal year. The remaining Performance Shares will vest as to 1/3 of the full earned amount on each of the second and third anniversary of the January 24, 2012 grant date.
RSU award granted on January 24, 2012 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. The remaining units will vest on January 24, 2014 as to 15,625 shares, January 24, 2015 as to 15,625 shares and January 24, 2016 as to the remaining 15,625 shares.
Represents the number of shares acquired upon vesting of 1/3 of the Performance Shares earned by the participant in connection with the Performance Share award filed January 26, 2011. The participant earned 130% of the target award based on the achievement of certain pre-established performance goals during the 2011 fiscal year. The remaining Performance Shares will vest as to 1/3 of the full earned amount on the third anniversary of the January 24, 2011 grant date.
RSU award granted on January 24, 2011 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. The remaining units will vest on January 24, 2014 as to 6,750 shares and January 24, 2015 as to the remaining 6,750 shares.
Represents the number of shares acquired upon vesting of 1/3 of the Performance Shares 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. This Performance Share award vested in full on the third anniversary of the January 25, 2010 grant date.
RSU award granted on January 25, 2010 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. The remaining units will vest on January 25, 2014 as to the remaining 3,750 shares.
RSU award granted on January 25, 2010 vests at a rate of 50% on the second anniversary of the grant date, and then 25% annually on the third and fourth anniversaries of the grant date. The remaining units will vest on January 25, 2014 as to 12,500 shares.
RSU award granted on January 26, 2009 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. This Restricted Stock Unit award vested in full on January 26, 2013.
Represents the maximum number of Performance Shares that will be earned, if at all, based on the achievement of a pre-established performance goal during the three-year performance period. Each Performance Share represents a contingent right to receive one share of ADBE common stock. The maximum number represents 200% of the target payout of 55,000 shares.
The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2013 grant date, if the performance goal is achieved.
Vests at a rate of 50% annually on the first and second anniversaries of the January 24, 2013 grant date.
/s/ Justin Judd, as attorney-in-fact
2013-01-28