0001179110-14-001456.txt : 20140128
0001179110-14-001456.hdr.sgml : 20140128
20140128164849
ACCESSION NUMBER: 0001179110-14-001456
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140124
FILED AS OF DATE: 20140128
DATE AS OF CHANGE: 20140128
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
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: 14553554
MAIL ADDRESS:
STREET 1: 345 PARK AVENUE
CITY: SAN JOSE
STATE: CA
ZIP: 95110-2704
4
1
edgar.xml
FORM 4 -
X0306
4
2014-01-24
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
2014-01-24
4
M
0
24166
00.00
A
24273
D
Common Stock
2014-01-24
4
F
0
12608
59.09
D
11665
D
Common Stock
2014-01-24
4
M
0
15625
00.00
A
27290
D
Common Stock
2014-01-24
4
F
0
8153
59.09
D
19137
D
Common Stock
2014-01-24
4
M
0
12566
00.00
A
31703
D
Common Stock
2014-01-24
4
F
0
4804
59.09
D
26899
D
Common Stock
2014-01-24
4
M
0
7500
00.00
A
34399
D
Common Stock
2014-01-24
4
F
0
3277
59.09
D
31122
D
Common Stock
2014-01-24
4
M
0
17500
00.00
A
48622
D
Common Stock
2014-01-24
4
F
0
9131
59.09
D
39491
D
Common Stock
2014-01-25
4
M
0
4250
00.00
A
43741
D
Common Stock
2014-01-25
4
F
0
2217
59.09
D
41524
D
Common Stock
2014-01-25
4
M
0
12500
00.00
A
54024
D
Common Stock
2014-01-25
4
F
0
6522
59.09
D
47502
D
Common Stock
50000
I
by trust
Performance Shares
0
2014-01-24
4
M
0
24166
0
D
Common Stock
24166
24166
D
Restricted Stock Units
0
2014-01-24
4
M
0
15625
0
D
Common Stock
15625
31250
D
Performance Shares
0
2014-01-24
4
M
0
12566
0
D
Common Stock
12566
0
D
Restricted Stock Units
0
2014-01-24
4
M
0
7500
0
D
Common Stock
7500
7500
D
Restricted Stock Units
0
2014-01-24
4
M
0
17500
0
D
Common Stock
17500
17500
D
Restricted Stock Units
0
2014-01-25
4
M
0
4250
0
D
Common Stock
4250
0
D
Restricted Stock Units
0
2014-01-25
4
M
0
12500
0
D
Common Stock
12500
0
D
Performance Shares
0
2014-01-24
5
A
0
E
71800
0
A
Common Stock
71800
71800
D
Restricted Stock Units
0
2014-01-24
4
A
0
35900
0
A
Common Stock
35900
35900
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.
Shares held by the Garrett Living Trust, dtd 11/15/91 of which reporting person is a trustee.
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 the 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, 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. This Performance Share award vested in full 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, 2015 as to the remaining 7,500 shares.
Vests at a rate of 50% annually on the first and second anniversaries of the January 24, 2013 grant date. The remaining units will vest on January 24, 2015 as to the remaining 17,500 shares.
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. This Restricted Stock Unit award vested in full on January 25, 2014.
RSU award granted on January 25, 2010 vested in full on January 25, 2014.
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 35,900 shares.
The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2014 grant date, if the performance goal is achieved.
Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2014 grant date.
/s/ Jonathan Vaas, as attorney-in-fact
2014-01-28