0000796343-22-000049.txt : 20220126 0000796343-22-000049.hdr.sgml : 20220126 20220126171252 ACCESSION NUMBER: 0000796343-22-000049 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220124 FILED AS OF DATE: 20220126 DATE AS OF CHANGE: 20220126 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NARAYEN SHANTANU CENTRAL INDEX KEY: 0001224154 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15175 FILM NUMBER: 22558811 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95110 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: 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 FORMER COMPANY: FORMER CONFORMED NAME: ADOBE SYSTEMS INC DATE OF NAME CHANGE: 19940208 4 1 wf-form4_164323515229822.xml FORM 4 X0306 4 2022-01-24 0 0000796343 ADOBE INC. ADBE 0001224154 NARAYEN SHANTANU ADOBE INC. 345 PARK AVENUE SAN JOSE CA 95110 1 1 0 0 Chairman and CEO Common Stock 2022-01-24 4 M 0 103943 0 A 435846 I by trust Common Stock 2022-01-24 4 F 0 51534 519.66 D 384312 I by trust Common Stock 2022-01-24 4 M 0 51972 0 A 436284 I by trust Common Stock 2022-01-24 4 F 0 25767 519.66 D 410517 I by trust Common Stock 2022-01-24 4 M 0 2578 0 A 413095 I by trust Common Stock 2022-01-24 4 F 0 1286 519.66 D 411809 I by trust Common Stock 2022-01-24 4 M 0 1757 0 A 413566 I by trust Common Stock 2022-01-24 4 F 0 871 519.66 D 412695 I by trust Common Stock 2022-01-24 4 M 0 5228 0 A 417923 I by trust Common Stock 2022-01-24 4 F 0 2592 519.66 D 415331 I by trust Common Stock 74.754 D Performance Shares 0.0 2022-01-24 4 M 0 103943 0 D Common Stock 103943.0 0 D Performance Shares 0.0 2022-01-24 4 M 0 51972 0 D Common Stock 51972.0 0 D Restricted Stock Units 0.0 2022-01-24 4 M 0 2578 0 D Common Stock 2578.0 10312 D Restricted Stock Units 0.0 2022-01-24 4 M 0 1757 0 D Common Stock 1757.0 14053 D Restricted Stock Units 0.0 2022-01-24 4 M 0 5228 0 D Common Stock 5228.0 15682 D Performance Shares 0.0 2022-01-24 5 A 0 E 93644 0 A Common Stock 93644.0 93644 D Restricted Stock Units 0.0 2022-01-24 4 A 0 20067 0 A Common Stock 20067.0 20067 D Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. Shares surrendered to pay tax liability due at vesting. The Performance Shares vested in full upon the certification of performance goal achievement at 168% following the three-year anniversary of the January 24, 2019 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. Vests 25% on the first anniversary of the January 24, 2021 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 achievements following the three-year anniversary of the January 24, 2022 vesting commencement date if the performance goals are achieved. Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter. /s/ Allison Blais, as attorney-in-fact 2022-01-26