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