0000796343-17-000053.txt : 20170126
0000796343-17-000053.hdr.sgml : 20170126
20170126161412
ACCESSION NUMBER: 0000796343-17-000053
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170124
FILED AS OF DATE: 20170126
DATE AS OF CHANGE: 20170126
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: 1202
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: 17549850
MAIL ADDRESS:
STREET 1: 345 PARK AVENUE
CITY: SAN JOSE
STATE: CA
ZIP: 95110
4
1
wf-form4_148546523068307.xml
FORM 4
X0306
4
2017-01-24
0
0000796343
ADOBE SYSTEMS INC
ADBE
0001528579
Rencher Bradley
ADOBE SYSTEMS INCORPORATED
345 PARK AVENUE
SAN JOSE
CA
95110
0
1
0
0
EVP & GM, Digital Marketing
Common Stock
2017-01-24
4
M
0
54351
0
A
101620
D
Common Stock
2017-01-24
4
F
0
25517
113.72
D
76103
D
Common Stock
2017-01-24
4
M
0
9150
0
A
85253
D
Common Stock
2017-01-24
4
F
0
3654
113.72
D
81599
D
Common Stock
2017-01-24
4
M
0
8600
0
A
90199
D
Common Stock
2017-01-24
4
F
0
4037
113.72
D
86162
D
Common Stock
2017-01-24
4
M
0
8619
0
A
94781
D
Common Stock
2017-01-24
4
F
0
4046
113.72
D
90735
D
Common Stock
2017-01-25
4
S
0
40000
113.9569
D
50735
D
Performance Shares
0.0
2017-01-24
4
M
0
54351
0
D
Common Stock
54351.0
0
D
Restricted Stock Units
0.0
2017-01-24
4
M
0
9150
0
D
Common Stock
9150.0
0
D
Restricted Stock Unit
0.0
2017-01-24
4
M
0
8600
0
D
Common Stock
8600.0
8600
D
Restricted Stock Units
0.0
2017-01-24
4
M
0
8619
0
D
Common Stock
8619.0
17236
D
Performance Shares
0.0
2017-01-24
5
A
0
E
51940
0
A
Common Stock
51940.0
51940
D
Restricted Stock Units
0.0
2017-01-24
4
A
0
25970
0
A
Common Stock
25970.0
25970
D
Shares surrendered to pay tax liability due at vesting.
This transaction was executed in multiple trades at prices ranging from $113.94 to $114.055. 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.
The Performance Shares vested in full upon the certification of performance goal achievement at 198% following the three-year anniversary of the January 24, 2014 grant date.
Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2014 vesting commencement date.
Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2015 vesting commencement date.
Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2016 vesting commencement date.
The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2017 vesting commencement 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, 2017 vesting commencement date.
/s/ Jonathan Vaas, as attorney-in-fact
2017-01-26