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