0001179110-14-001461.txt : 20140128 0001179110-14-001461.hdr.sgml : 20140128 20140128182600 ACCESSION NUMBER: 0001179110-14-001461 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: Rencher Bradley CENTRAL INDEX KEY: 0001528579 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15175 FILM NUMBER: 14554400 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95110 4 1 edgar.xml FORM 4 - X0306 4 2014-01-24 0 0000796343 ADOBE SYSTEMS INC ADBE 0001528579 Rencher Bradley ADOBE SYSTEMS INCORPORATED 345 PARK AVENUE SAN JOSE CA 95110 0 1 0 0 SVP & GM, Digital Marketing Common Stock 2014-01-24 4 M 0 17400 00.00 A 43263 D Common Stock 2014-01-24 4 F 0 7330 59.09 D 35933 D Common Stock 2014-01-24 4 M 0 11250 00.00 A 47183 D Common Stock 2014-01-24 4 F 0 5281 59.09 D 41902 D Common Stock 2014-01-24 4 M 0 6933 00.00 A 48835 D Common Stock 2014-01-24 4 F 0 2316 59.09 D 46519 D Common Stock 2014-01-24 4 M 0 4250 00.00 A 50769 D Common Stock 2014-01-24 4 F 0 1374 59.09 D 49395 D Common Stock 2014-01-24 4 M 0 20000 00.00 A 69395 D Common Stock 2014-01-24 4 F 0 9390 59.09 D 60005 D Common Stock 2014-01-25 4 M 0 4100 00.00 A 64105 D Common Stock 2014-01-25 4 F 0 1924 59.09 D 62181 D Performance Shares 0 2014-01-24 4 M 0 17400 0 D Common Stock 17400 17400 D Restricted Stock Units 0 2014-01-24 4 M 0 11250 0 D Common Stock 11250 22500 D Performance Shares 0 2014-01-24 4 M 0 6933 0 D Common Stock 6933 0 D Restricted Stock Units 0 2014-01-24 4 M 0 4250 0 D Common Stock 4250 4250 D Restricted Stock Units 0 2014-01-24 4 M 0 20000 0 D Common Stock 20000 20000 D Restricted Stock Units 0 2014-01-25 4 M 0 4100 0 D Common Stock 4100 0 D Performance Shares 0 2014-01-24 5 A 0 E 54900 0 A Common Stock 54900 54900 D Restricted Stock Units 0 2014-01-24 4 A 0 27450 0 A Common Stock 27450 27450 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. 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 11,250 shares and January 24, 2016 as to the remaining 11,250 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 on Form 3 on August 29, 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 4,250 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 20,000 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. 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 27,450 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