0000796343-23-000027.txt : 20230126 0000796343-23-000027.hdr.sgml : 20230126 20230126170429 ACCESSION NUMBER: 0000796343-23-000027 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230124 FILED AS OF DATE: 20230126 DATE AS OF CHANGE: 20230126 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: 23558531 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_167477064527458.xml FORM 4 X0306 4 2023-01-24 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 2023-01-24 4 M 0 41314 0 A 450180 I by trust Common Stock 2023-01-24 4 F 0 20483 361.32 D 429697 I by trust Common Stock 2023-01-24 4 M 0 2578 0 A 432275 I by trust Common Stock 2023-01-24 4 F 0 1285 361.32 D 430990 I by trust Common Stock 2023-01-24 4 M 0 1756 0 A 432746 I by trust Common Stock 2023-01-24 4 F 0 870 361.32 D 431876 I by trust Common Stock 2023-01-24 4 M 0 1307 0 A 433183 I by trust Common Stock 2023-01-24 4 F 0 648 361.32 D 432535 I by trust Common Stock 2023-01-24 4 M 0 5017 0 A 437552 I by trust Common Stock 2023-01-24 4 F 0 2487 361.32 D 435065 I by trust Common Stock 119.0511 D Performance Shares 0.0 2023-01-24 4 M 0 41314 0 D Common Stock 41314.0 0 D Restricted Stock Units 0.0 2023-01-24 4 M 0 2578 0 D Common Stock 2578.0 0 D Restricted Stock Units 0.0 2023-01-24 4 M 0 1756 0 D Common Stock 1756.0 7027 D Restricted Stock Units 0.0 2023-01-24 4 M 0 1307 0 D Common Stock 1307.0 10455 D Restricted Stock Units 0.0 2023-01-24 4 M 0 5017 0 D Common Stock 5017.0 15050 D Performance Shares 0.0 2023-01-24 5 A 0 E 164248 0 A Common Stock 164248.0 164248 D Restricted Stock Units 0.0 2023-01-24 4 A 0 35196 0 A Common Stock 35196.0 35196 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 63% following the three-year anniversary of the January 24, 2020 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. Vests 25% on the first anniversary of the January 24, 2022 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, 2023 vesting commencement date if the performance goals are achieved. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023. /s/ Allison Blais, as attorney-in-fact 2023-01-26