4//SEC Filing
LOIACONO JOHN P 4
Accession 0001179110-10-001523
CIK 0000796343other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 9:03 PM ET
Size
26.2 KB
Accession
0001179110-10-001523
Insider Transaction Report
Form 4
LOIACONO JOHN P
SVP, Creative Solutions
Transactions
- Tax Payment
Common Stock
2010-01-24$34.38/sh−3,411$117,270→ 32,165 total - Exercise/Conversion
Performance Shares
2010-01-24−4,166→ 4,166 totalExercise: $0.00→ Common Stock (4,166 underlying) - Award
Performance Shares
2010-01-25+19,500→ 19,500 totalExercise: $0.00→ Common Stock (19,500 underlying) - Exercise/Conversion
Common Stock
2010-01-24+4,166→ 27,985 total - Tax Payment
Common Stock
2010-01-24$34.38/sh−1,709$58,755→ 26,276 total - Award
Stock Option (right to buy)
2010-01-25+40,000→ 40,000 totalExercise: $34.16Exp: 2017-01-25→ Common Stock (40,000 underlying) - Award
Restricted Stock Units
2010-01-25+14,000→ 14,000 totalExercise: $0.00→ Common Stock (14,000 underlying) - Exercise/Conversion
Common Stock
2010-01-24+9,300→ 35,576 total - Exercise/Conversion
Common Stock
2010-01-26+4,125→ 36,290 total - Exercise/Conversion
Restricted Stock Units
2010-01-26−4,125→ 12,375 totalExercise: $0.00→ Common Stock (4,125 underlying) - Tax Payment
Common Stock
2010-01-26$33.94/sh−1,513$51,351→ 34,777 total - Exercise/Conversion
Performance Shares
2010-01-24−9,300→ 18,600 totalExercise: $0.00→ Common Stock (9,300 underlying)
Footnotes (9)
- [F1]Shares surrendered to pay tax liability due at vesting of Performance Share Units.
- [F2]Shares surrendered to pay tax liability due at vesting of Restricted Stock Units.
- [F3]Represents the number of shares acquired upon vesting of 25% of the Performance Share Units earned by the participant in connection with the Performance Share award filed January 26, 2007. The participant earned 200% of the target award based on the achievement of certain pre-established performance goals during the 2007 fiscal year. The remaining Performance Share Units will vest on the fourth anniversary of the grant date.
- [F4]Represents the number of shares acquired upon vesting of 25% of the Performance Share Units earned by the participant in connection with the Performance Share award filed January 28, 2008. The participant earned 124% of the target award based on the achievement of certain pre-established performance goals during the 2008 fiscal year. The remaining Performance Share Units will vest 25% annually on the third and fourth anniversary of the grant date.
- [F5]The remaining Restricted Stock Units will vest at a rate of 25% annually on the second, third and fourth anniversary of the grant date.
- [F6]Vests at a rate of 2.08% per month for 48 months.
- [F7]Represents the maximum number of Performance Shares that will be earned, if at all, based on the achievement of certain pre-established performance goals during the 2010 fiscal year. Each Performance Share Unit represents a contingent right to receive one share of ADBE common stock. The maximum number represents 150% of the target payout of 13,000 shares.
- [F8]Vesting of the Performance Share Units will be 1/3 upon the later of the (i) the certification of performance goal achievement and (ii) the one year anniversary of the grant date, with the remaining Units vesting 1/3 annually on the second and third anniversary of the grant date if the initial performance goals are achieved.
- [F9]Vests at a rate of 25% annually on the first, second, third and fourth anniversary of the grant date.
Documents
Issuer
ADOBE SYSTEMS INC
CIK 0000796343
Entity typeother
Related Parties
1- filerCIK 0001286626
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 9:03 PM ET
- Size
- 26.2 KB