0001179110-13-001319.txt : 20130128 0001179110-13-001319.hdr.sgml : 20130128 20130128214354 ACCESSION NUMBER: 0001179110-13-001319 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130124 FILED AS OF DATE: 20130128 DATE AS OF CHANGE: 20130128 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ROWLEY RICHARD CENTRAL INDEX KEY: 0001249808 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15175 FILM NUMBER: 13553456 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: 1130 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 4 1 edgar.xml FORM 4 - X0306 4 2013-01-24 0 0000796343 ADOBE SYSTEMS INC ADBE 0001249808 ROWLEY RICHARD ADOBE SYSTEMS INCORPORATED 345 PARK AVENUE SAN JOSE CA 95110 0 1 0 0 VP, Corp. Controller & PAO Common Stock 2013-01-24 4 M 0 2765 00.0000 A 31621 D Common Stock 2013-01-24 4 F 0 1026 38.1000 D 30595 D Common Stock 2013-01-24 4 M 0 1788 00.0000 A 32383 D Common Stock 2013-01-24 4 F 0 671 38.1000 D 31712 D Common Stock 2013-01-24 4 M 0 3500 00.0000 A 35212 D Common Stock 2013-01-24 4 F 0 1467 38.1000 D 33745 D Common Stock 2013-01-25 4 M 0 2750 00.0000 A 36495 D Common Stock 2013-01-25 4 F 0 1033 38.3200 D 35462 D Common Stock 2013-01-25 4 M 0 6250 00.0000 A 41712 D Common Stock 2013-01-25 4 F 0 2348 38.3200 D 39364 D Common Stock 2013-01-26 4 M 0 1265 00.0000 A 40629 D Common Stock 2013-01-26 4 F 0 475 38.3200 D 40154 D Common Stock 2013-01-28 4 M 0 1267 19.9300 A 41421 D Common Stock 2013-01-28 4 S 0 15101 38.2241 D 26320 D Performance Shares 0 2013-01-24 4 M 0 2765 0 D Common Stock 2765 5529 D Restricted Stock Units 0 2013-01-24 4 M 0 1788 0 D Common Stock 1788 5362 D Restricted Stock Units 0 2013-01-24 4 M 0 3500 0 D Common Stock 3500 7000 D Restricted Stock Units 0 2013-01-25 4 M 0 2750 0 D Common Stock 2750 2750 D Restricted Stock Units 0 2013-01-25 4 M 0 6250 0 D Common Stock 6250 6250 D Restricted Stock Units 0 2013-01-26 4 M 0 1265 0 D Common Stock 1265 0 D Performance Shares 0 2013-01-24 5 A 0 E 15650 0 A Common Stock 15650 15650 D Restricted Stock Units 0 2013-01-24 4 A 0 7825 0 A Common Stock 7825 7825 D Stock Options (right to buy) 19.93 2013-01-28 4 M 0 1267 19.93 D 2013-01-28 2016-01-26 Common Stock 1267 0 D Shares surrendered to pay tax liability due at vesting of Performance Shares. Shares surrendered to pay tax liability due at vesting of Restricted Stock Units. This transaction was executed in multiple trades at prices ranging from $38.22 to $38.2414. 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. Represents the number of shares acquired upon vesting of 1/3 of the Performance Shares earned by the participant in connection with the Performance Share award filed January 26, 2012. The participant earned 116% of the target award based on the achievement of certain pre-established performance goals during the 2012 fiscal year. The remaining Performance Shares will vest as to 1/3 of the full earned amount on each of the second and third anniversary of the January 24, 2012 grant date. RSU award granted on January 24, 2012 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. The remaining units will vest on January 24, 2014 as to 1,788 shares, January 24, 2015 as to 1,787 shares and January 24, 2016 as to the remaining 1,787 shares. RSU award granted on January 24, 2011 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. The remaining units will vest on January 24, 2014 as to 3,500 shares and January 24, 2015 as to the remaining 3,500 shares. RSU award granted on January 25, 2010 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. The remaining units will vest on January 25, 2014 as to the remaining 2,750 shares. RSU award granted on January 25, 2010 vests at a rate of 50% on the second anniversary of the grant date, and then 25% annually on the third and fourth anniversaries of the grant date. The remaining units will vest on January 25, 2014 as to 6,250 shares. RSU award granted on January 26, 2009 vests at a rate of 25% annually on the first, second, third and fourth anniversaries of the grant date. This Restricted Stock Unit award vested in full on January 26, 2013. Represents the maximum number of Performance Shares that will be earned, if at all, based on the achievement of a pre-established performance goal during the three-year performance period. Each Performance Share represents a contingent right to receive one share of ADBE common stock. The maximum number represents 200% of the target payout of 7,825 shares. The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2013 grant date, if the performance goal is achieved. Vests at a rate of 50% annually on the first and second anniversaries of the January 24, 2013 grant date. Stock options granted on January 26, 2009 vest at a rate of 2.08% per month for 48 months. Stock options are fully vested and exerciseable. /s/Justin Judd, as attorney-in-fact 2013-01-28