0001179110-14-001445.txt : 20140128 0001179110-14-001445.hdr.sgml : 20140128 20140128162438 ACCESSION NUMBER: 0001179110-14-001445 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140124 FILED AS OF DATE: 20140128 DATE AS OF CHANGE: 20140128 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: THOMPSON MATTHEW CENTRAL INDEX KEY: 0001267573 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15175 FILM NUMBER: 14553295 MAIL ADDRESS: STREET 1: 20450 STEVENS CREEK BOULEVARD, SUITE 800 STREET 2: C/O BORLAND SOFTWARE CORP CITY: CUPERTINO STATE: CA ZIP: 95014 4 1 edgar.xml FORM 4 - X0306 4 2014-01-24 0 0000796343 ADOBE SYSTEMS INC ADBE 0001267573 THOMPSON MATTHEW ADOBE SYSTEMS INCORPORATED 345 PARK AVENUE SAN JOSE CA 95110 0 1 0 0 EVP WW Field Operations Common Stock 2014-01-24 4 M 0 24166 00.00 A 75041 D Common Stock 2014-01-24 4 F 0 12608 59.09 D 62433 D Common Stock 2014-01-24 4 M 0 15625 00.00 A 78058 D Common Stock 2014-01-24 4 F 0 8153 59.09 D 69905 D Common Stock 2014-01-24 4 M 0 11266 00.00 A 81171 D Common Stock 2014-01-24 4 F 0 4316 59.09 D 76855 D Common Stock 2014-01-24 4 M 0 6750 00.00 A 83605 D Common Stock 2014-01-24 4 F 0 2696 59.09 D 80909 D Common Stock 2014-01-24 4 M 0 27500 00.00 A 108409 D Common Stock 2014-01-24 4 F 0 14349 59.09 D 94060 D Common Stock 2014-01-25 4 M 0 3750 00.00 A 97810 D Common Stock 2014-01-25 4 F 0 1956 59.09 D 95854 D Common Stock 2014-01-25 4 M 0 12500 00.00 A 108354 D Common Stock 2014-01-25 4 F 0 6522 59.09 D 101832 D Common Stock 2014-01-27 4 S 0 50957 58.0211 D 50875 D Performance Shares 0 2014-01-24 4 M 0 24166 0 D Common Stock 24166 24166 D Restricted Stock Units 0 2014-01-24 4 M 0 15625 0 D Common Stock 15625 31250 D Performance Shares 0 2014-01-24 4 M 0 11266 0 D Common Stock 11266 0 D Restricted Stock Units 0 2014-01-24 4 M 0 6750 0 D Common Stock 6750 6750 D Restricted Stock Units 0 2014-01-24 4 M 0 27500 0 D Common Stock 27500 27500 D Restricted Stock Units 0 2014-01-25 4 M 0 3750 0 D Common Stock 3750 0 D Restricted Stock Units 0 2014-01-25 4 M 0 12500 0 D Common Stock 12500 0 D Performance Shares 0 2014-01-24 5 A 0 E 80200 0 A Common Stock 80200 80200 D Restricted Stock Units 0 2014-01-24 4 A 0 40100 0 A Common Stock 40100 40100 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 $57.89 to $58.13. 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 the 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, 2015 as to 15,625 shares and January 24, 2016 as to the remaining 15,625 shares. 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, 2011. The participant earned 130% of the target award based on the achievement of certain pre-established performance goals during the 2011 fiscal year. This Performance Share award vested in full on the third anniversary of the January 24, 2011 grant date. 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, 2015 as to the remaining 6,750 shares. Vests at a rate of 50% annually on the first and second anniversaries of the January 24, 2013 grant date. The remaining units will vest on January 24, 2015 as to the remaining 27,500 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. This Restricted Stock Unit award vested in full on January 25, 2014. RSU award granted on January 25, 2010 vested in full on January 25, 2014. 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 40,100 shares. The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2014 grant date, if the performance goal is achieved. Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2014 grant date. /s/ Jonathan Vaas, as attorney-in-fact 2014-01-28