SEC Form 4 · accession 0000796343-16-000238

ADOBE INC. · ADBE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP & GM, Digital Media

Period of report

Jan 24, 2016

Accepted (ET)

Jan 27, 2016 · 4:39 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000796343

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Jan 24, 2016	M	9,150	$0.00	A	22,926	D
Common Stock^F1	Jan 24, 2016	F	3,496	$89.63	D	19,430	D
Common Stock	Jan 24, 2016	M	8,034	$0.00	A	27,464	D
Common Stock^F1	Jan 24, 2016	F	3,899	$89.63	D	23,565	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2	$0.00	Jan 24, 2016	M	9,150	D	—	—	Common Stock	9,150	9,150	D
Restricted Stock Units^F3	$0.00	Jan 24, 2016	M	8,034	D	—	—	Common Stock	8,034	16,066	D
Performance Shares^F4	$0.00	Jan 25, 2016	A	51,710	A	—	—	Common Stock	51,710	51,710	D
Restricted Stock Units^F5	$0.00	Jan 25, 2016	A	25,855	A	—	—	Common Stock	25,855	25,855	D

F1Shares surrendered to pay tax liability due at vesting.
F2RSU award granted on January 24, 2014 vests at a rate of 1/3 annually on the first, second and third anniversaries of the grant date. The remaining units will vest on January 24, 2017.
F3Vests 1/3 on each of January 24, 2016, January 24, 2017 and January 24, 2018.
F4The 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.
F5Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2016 vesting commencement date.