0000796343-15-000046.txt : 20150128
0000796343-15-000046.hdr.sgml : 20150128
20150128184733
ACCESSION NUMBER: 0000796343-15-000046
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150124
FILED AS OF DATE: 20150128
DATE AS OF CHANGE: 20150128
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: Morris Donna
CENTRAL INDEX KEY: 0001598108
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15175
FILM NUMBER: 15556351
MAIL ADDRESS:
STREET 1: 345 PARK AVENUE
CITY: SAN JOSE
STATE: CA
ZIP: 95110
4
1
wf-form4_142248884280750.xml
FORM 4
X0306
4
2015-01-24
0
0000796343
ADOBE SYSTEMS INC
ADBE
0001598108
Morris Donna
ADOBE SYSTEMS INCORPORATED
345 PARK AVENUE
SAN JOSE
CA
95110
0
1
0
0
SVP, People and Places
Common Stock
2015-01-24
4
M
0
14500
0
A
85748
I
by trust
Common Stock
2015-01-24
4
F
0
6288
74.06
D
79460
I
by trust
Common Stock
2015-01-24
4
M
0
9375
0
A
88835
I
by trust
Common Stock
2015-01-24
4
F
0
4891
74.06
D
83944
I
by trust
Common Stock
2015-01-24
4
M
0
4750
0
A
88694
I
by trust
Common Stock
2015-01-24
4
F
0
1856
74.06
D
86838
I
by trust
Common Stock
2015-01-24
4
M
0
13750
0
A
100588
I
by trust
Common Stock
2015-01-24
4
F
0
7174
74.06
D
93414
I
by trust
Common Stock
2015-01-24
4
M
0
6334
0
A
99748
I
by trust
Common Stock
2015-01-24
4
F
0
3305
74.06
D
96443
I
by trust
Performance Shares
0.0
2015-01-24
4
M
0
14500
0
D
Common Stock
14500.0
0
D
Restricted Stock Units
0.0
2015-01-24
4
M
0
9375
0
D
Common Stock
9375.0
9375
D
Restricted Stock Units
0.0
2015-01-24
4
M
0
4750
0
D
Common Stock
4750.0
0
D
Restricted Stock Units
0.0
2015-01-24
4
M
0
13750
0
D
Common Stock
13750.0
0
D
Restricted Stock Units
0.0
2015-01-24
4
M
0
6334
0
D
Common Stock
6334.0
12666
D
Performance Shares
0.0
2015-01-26
5
A
0
E
37900
0
A
Common Stock
37900.0
37900
D
Restricted Stock Units
0.0
2015-01-26
4
A
0
18950
0
A
Common Stock
18950.0
18950
D
Shares held by The Morris Family Rev Trust.
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 on Form 3 on January 24, 2014. The participant earned 116% of the target award based on the achievement of certain pre-established performance goals during the 2012 fiscal year. This Performance Share award vested in full 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, 2016 as to the remaining 9,375 shares.
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. This Restricted Stock Unit award vested in full on January 24, 2015.
Vests at a rate of 50% annually on the first and second anniversaries of the January 24, 2013 grant date. This Restricted Stock Unit award vested in full on January 24, 2015.
RSU award granted on January 24, 2014 vests at a rate of 1/3 annually on the first, second and third anniversaries of the grant date. The remaining units will vest on January 24, 2016 as to 6,333 shares and January 24, 2017 as to the remaining 6,333 shares.
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 18,950 shares.
The Performance Shares will vest in full upon the certification of performance goal achievement on or after January 24, 2018, if the performance goal is achieved and the holder continues to provide services to the Company on such date.
Vests 1/3 on each of January 24, 2016, January 24, 2017 and January 24, 2018.
/s/ Jonathan Vaas, as attorney-in-fact
2015-01-28