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