0001179110-14-001380.txt : 20140124
0001179110-14-001380.hdr.sgml : 20140124
20140124183002
ACCESSION NUMBER: 0001179110-14-001380
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20140114
FILED AS OF DATE: 20140124
DATE AS OF CHANGE: 20140124
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lewnes Ann
CENTRAL INDEX KEY: 0001597445
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15175
FILM NUMBER: 14547099
MAIL ADDRESS:
STREET 1: 345 PARK AVENUE
CITY: SAN JOSE
STATE: CA
ZIP: 95110
3
1
edgar.xml
FORM 3 -
X0206
3
2014-01-14
0
0000796343
ADOBE SYSTEMS INC
ADBE
0001597445
Lewnes Ann
ADOBE SYSTEMS INCORPORATED
345 PARK AVENUE
SAN JOSE
CA
95110
0
1
0
0
SVP, Chief Marketing Officer
Common Stock
24065
D
Stock Option (right to buy)
34.16
2017-01-25
Common Stock
4959
D
Stock Option (right to buy)
34.03
2018-01-24
Common Stock
22167
D
Restricted Stock Unit
0
Common Stock
3000
D
Restricted Stock Unit
0
Common Stock
10000
D
Restricted Stock Unit
0
Common Stock
9500
D
Restricted Stock Unit
0
Common Stock
28125
D
Restricted Stock Unit
0
Common Stock
27500
D
Performance Shares
0
Common Stock
8233
D
Performance Shares
0
Common Stock
29000
D
Performance Shares
0
Common Stock
55000
D
Vests at a rate of 2.08% per month for 48 months following the January 25, 2010 grant date.
Vests at a rate of 2.08% per month for 48 months following the January 24, 2011 grant date.
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 3,000 shares.
RSU award granted on January 25, 2010 vests at a rate of 50% on January 25, 2012, the initial vest date, and then 25% annually on the second and third anniversaries of the initial vest date. The remaining units will vest on January 25, 2014 as to the remaining 10,000 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 4,750 shares and January 24, 2015 as to the remaining 4,750 shares.
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 9,375 shares, January 24, 2015 as to 9,375 shares and January 24, 2016 as to the remaining 9,375 shares.
RSU award granted on January 24, 2013 vests at a rate of 50% annually on the first and second anniversaries of the grant date.
Vests as to 1/3 of the full earned amount on each of the first, second and third anniversaries of the January 24, 2011 grant date. The participant earned 130% of the target award based on the achievement of certain pre-established performance goals during the 2011 fiscal year. The remaining Performance Shares will vest on January 24, 2014.
Vests as to 1/3 of the full earned amount on each of the first, second and third anniversaries of the January 24, 2012 grant date. 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 on January 24, 2014 as to 14,500 shares and January 24, 2015 as to the remaining 14,500 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.
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 27,500 shares.
/s/ Jonathan Vaas, as attorney-in-fact
2014-01-24
EX-24
2
ex24lewnes.txt
POWER OF ATTORNEY
Know all men by these presents, that the
undersigned hereby constitutes and appoints each of
Tracy Hanson, Justin Judd, Denise Miller Hooshiar and
Jonathan Vaas,signing individually, the undersigned's true
and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned,
in the undersigned's capacity as a Section 16 officer of
Adobe Systems Incorporated (the "Company"), Forms 3, 4 and 5
in accordance with Section 16(a) of the Securities Exchange
Act of 1934 and the rules thereunder;
(2) do and perform any and all acts for and on
behalf of the undersigned which may be necessary or
desirable to complete and execute any such Form 3, 4 or
5 and timely file such form with the United States
Securities and Exchange Commission and any stock
exchange or similar authority; and
(3) take any other action of any type whatsoever
in connection with the foregoing which, in the opinion
of such attorney-in-fact, may be of benefit to, in the
best interest of, or legally required by, the
undersigned, it being understood that the documents
executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be
in such form and shall contain such terms and
conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.
The undersigned hereby grants to each such
attorney-in-fact full power and authority to do and
perform any and every act and thing whatsoever
requisite, necessary or proper to be done in the
exercise of any of the rights and powers herein
granted, as fully to all intents and purposes as the
undersigned might or could do if personally present,
with full power of substitution or revocation, hereby
ratifying and confirming all that such attorney-in-
fact, or such attorney-in-fact's substitute or
substitutes, shall lawfully do or cause to be done by
virtue of this Power of Attorney and the rights and
powers herein granted. The undersigned acknowledges
that the foregoing attorneys-in-fact, in serving in
such capacity at the request of the undersigned, are
not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section
16 of the Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force
and effect until the undersigned is no longer required
to file Forms 3, 4 and 5 with respect to the
undersigned's holding of and transaction in securities
issued by the Company, unless earlier revoked by the
undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused
this Power of Attorney to be executed as of January 15,
2014.
/s/ Ann Lewnes
Ann Lewnes