SEC Form 4 · accession 0000796343-18-000029
ADOBE INC. · ADBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Francis Murphy
Officer — SVP, CAO & Corp. Controller
Period of report
Jan 24, 2018
Accepted (ET)
Jan 26, 2018 · 4:12 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,F2 | $0.00 | Jan 24, 2018 | A | 7,670 | A | — | — | Common Stock | 7,670 | 7,670 | D |
| Restricted Stock UnitsF3 | $0.00 | Jan 24, 2018 | A | 3,835 | A | — | — | Common Stock | 3,835 | 3,835 | D |
Explanation of responses
- F1Represents 200% of the target payout (the maximum number of Performance Shares that will be earned, if at all) following the three-year performance period.
- F2The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2018 vesting commencement date if the performance goal is achieved.
- F3Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2018 vesting commencement date.