SEC Form 4 · accession 0000796343-16-000228
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Abhay Parasnis
Officer — EVP & CTO
Period of report
Jan 25, 2016
Accepted (ET)
Jan 27, 2016 · 4:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000796343
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF1 | $0.00 | Jan 25, 2016 | A | 48,990 | A | — | — | Common Stock | 48,990 | 48,990 | D |
| Restricted Stock UnitsF2 | $0.00 | Jan 25, 2016 | A | 24,495 | A | — | — | Common Stock | 24,495 | 24,495 | D |
Explanation of responses
- F1The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2016 vesting commencement date, if the performance goal is achieved.
- F2Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2016 vesting commencement date.