0000796343-21-000023.txt : 20210126
0000796343-21-000023.hdr.sgml : 20210126
20210126180734
ACCESSION NUMBER: 0000796343-21-000023
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210124
FILED AS OF DATE: 20210126
DATE AS OF CHANGE: 20210126
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Murphy John Francis
CENTRAL INDEX KEY: 0001417762
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15175
FILM NUMBER: 21555755
MAIL ADDRESS:
STREET 1: 2250 E. IMPERIAL HIGHWAY
CITY: EL SEGUNDO
STATE: CA
ZIP: 90245
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ADOBE INC.
CENTRAL INDEX KEY: 0000796343
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 770019522
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1129
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
FORMER COMPANY:
FORMER CONFORMED NAME: ADOBE SYSTEMS INC
DATE OF NAME CHANGE: 19940208
4
1
wf-form4_161170244098909.xml
FORM 4
X0306
4
2021-01-24
0
0000796343
ADOBE INC.
ADBE
0001417762
Murphy John Francis
ADOBE INC.
345 PARK AVENUE
SAN JOSE
CA
95110
0
1
0
0
EVP and CFO
Common Stock
2021-01-24
4
M
0
7670
0
A
19553
D
Common Stock
2021-01-24
4
F
0
3676
472.44
D
15877
D
Common Stock
2021-01-24
4
M
0
1278
0
A
17155
D
Common Stock
2021-01-24
4
F
0
453
472.44
D
16702
D
Common Stock
2021-01-24
4
M
0
773
0
A
17475
D
Common Stock
2021-01-24
4
F
0
383
472.44
D
17092
D
Common Stock
2021-01-24
4
M
0
2523
0
A
19615
D
Common Stock
2021-01-24
4
F
0
1250
472.44
D
18365
D
Common Stock
2021-01-25
4
S
0
2139
474.51
D
16226
D
Performance Shares
0.0
2021-01-24
4
M
0
7670
0
D
Common Stock
7670.0
0
D
Restricted Stock Unit
0.0
2021-01-24
4
M
0
1278
0
D
Common Stock
1278.0
0
D
Restricted Stock Units
0.0
2021-01-24
4
M
0
773
0
D
Common Stock
773.0
6188
D
Restricted Stock Units
0.0
2021-01-24
4
M
0
2523
0
D
Common Stock
2523.0
7567
D
Performance Shares
0.0
2021-01-25
5
A
0
E
13940
0
A
Common Stock
13940.0
13940
D
Restricted Stock Units
0.0
2021-01-25
4
A
0
6970
0
A
Common Stock
6970.0
6970
D
Shares surrendered to pay tax liability due at vesting.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person April 17, 2020.
The Performance Shares vested in full upon the certification of performance goal achievement at 200% following the three-year anniversary of the January 24, 2018 vesting commencement date.
Vests at a rate of 1/3 annually on the first, second, and third anniversaries of the January 24, 2018 vesting commencement date.
Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
Represents 200% of the target payout (the maximum number of Performance Shares that will be earned, if at all) following the three-year performance period.
The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2021 vesting commencement date if the performance goal is achieved.
Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
/s/ Allison Blais, as attorney-in-fact
2021-01-26