SEC Form 4 · accession 0000796343-16-000240
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donna Morris
Officer — EVP, Cust. & Emp. Experience
Period of report
Jan 24, 2016
Accepted (ET)
Jan 27, 2016 · 4:41 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 24, 2016 | M | 9,375 | $0.00 | A | 70,240 | I | by trust |
| Common StockF2,F1 | Jan 24, 2016 | F | 3,581 | $89.63 | D | 66,659 | I | by trust |
| Common StockF1 | Jan 24, 2016 | M | 54,450 | $0.00 | A | 121,109 | I | by trust |
| Common StockF2,F1 | Jan 24, 2016 | F | 28,151 | $89.63 | D | 92,958 | I | by trust |
| Common StockF1 | Jan 24, 2016 | M | 6,333 | $0.00 | A | 99,291 | I | by trust |
| Common StockF2,F1 | Jan 24, 2016 | F | 3,304 | $89.63 | D | 95,987 | I | by trust |
| Common StockF1 | Jan 24, 2016 | M | 6,317 | $0.00 | A | 102,304 | I | by trust |
| Common StockF2,F1 | Jan 24, 2016 | F | 3,296 | $89.63 | D | 99,008 | I | by trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | $0.00 | Jan 24, 2016 | M | 9,375 | D | — | — | Common Stock | 9,375 | 0 | D |
| Performance SharesF4 | $0.00 | Jan 24, 2016 | M | 54,450 | D | — | — | Common Stock | 54,450 | 0 | D |
| Restricted Stock UnitsF5 | $0.00 | Jan 24, 2016 | M | 6,333 | D | — | — | Common Stock | 6,333 | 6,333 | D |
| Restricted Stock UnitsF6 | $0.00 | Jan 24, 2016 | M | 6,317 | D | — | — | Common Stock | 6,317 | 12,633 | D |
| Performance SharesF7 | $0.00 | Jan 25, 2016 | A | 38,100 | A | — | — | Common Stock | 38,100 | 38,100 | D |
| Restricted Stock UnitsF8 | $0.00 | Jan 25, 2016 | A | 19,050 | A | — | — | Common Stock | 19,050 | 19,050 | D |
Explanation of responses
- F1Shares held by The Morris Family Rev Trust.
- F2Shares surrendered to pay tax liability due at vesting.
- F3RSU 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.
- F4The Performance Shares vested in full upon the certification of performance goal achievement at 198% following the three-year anniversary of the January 24, 2013 grant date.
- F5Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2014 grant date.
- F6Vests 1/3 on each of January 24, 2016, January 24, 2017 and January 24, 2018.
- F7The 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.
- F8Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2016 vesting commencement date.