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