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4//SEC Filing

LOIACONO JOHN P 4

Accession 0001179110-11-001375

CIK 0000796343other
View on SEC.govCompany Profile

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 9:28 PM ET

Size

36.3 KB

Accession

0001179110-11-001375

Insider Transaction Report

Form 4
Period: 2011-01-24
ADOBE SYSTEMS INCADBE
LOIACONO JOHN P
SVP, Creative Solutions
Transactions
  • Exercise/Conversion

    Common Stock

    2011-01-25+5,850→ 50,107 total
  • Exercise/Conversion

    Performance Shares

    2011-01-24−9,300→ 9,300 total
    Exercise: $0.00→ Common Stock (9,300 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2011-01-25−3,500→ 10,500 total
    Exercise: $0.00→ Common Stock (3,500 underlying)
  • Tax Payment

    Common Stock

    2011-01-25$33.56/sh−1,283$43,057→ 50,179 total
  • Exercise/Conversion

    Performance Shares

    2011-01-25−5,850→ 11,700 total
    Exercise: $0.00→ Common Stock (5,850 underlying)
  • Tax Payment

    Common Stock

    2011-01-24$34.03/sh−1,661$56,524→ 38,368 total
  • Exercise/Conversion

    Common Stock

    2011-01-25+3,500→ 51,462 total
  • Tax Payment

    Common Stock

    2011-01-26$33.52/sh−1,513$50,716→ 52,791 total
  • Exercise/Conversion

    Restricted Stock Units

    2011-01-26−4,125→ 8,250 total
    Exercise: $0.00→ Common Stock (4,125 underlying)
  • Award

    Performance Shares

    2011-01-24+31,500→ 31,500 total
    Exercise: $0.00→ Common Stock (31,500 underlying)
  • Tax Payment

    Common Stock

    2011-01-25$33.56/sh−2,145$71,986→ 47,962 total
  • Award

    Restricted Stock Units

    2011-01-24+22,000→ 22,000 total
    Exercise: $0.00→ Common Stock (22,000 underlying)
  • Exercise/Conversion

    Common Stock

    2011-01-24+4,166→ 40,029 total
  • Exercise/Conversion

    Common Stock

    2011-01-24+9,300→ 47,668 total
  • Tax Payment

    Common Stock

    2011-01-24$34.03/sh−3,411$116,076→ 44,257 total
  • Exercise/Conversion

    Common Stock

    2011-01-26+4,125→ 54,304 total
  • Exercise/Conversion

    Performance Shares

    2011-01-24−4,166→ 0 total
    Exercise: $0.00→ Common Stock (4,166 underlying)
  • Award

    Stock Option (right to buy)

    2011-01-24+63,000→ 63,000 total
    Exercise: $34.03Exp: 2018-01-24→ Common Stock (63,000 underlying)
Footnotes (11)
  • [F1]Shares surrendered to pay tax liability due at vesting of Performance Share Units.
  • [F10]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.
  • [F11]Vests at a rate of 25% annually on the first, second, third and fourth anniversary of the grant date.
  • [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. This Performance Share award vested in full on January 24, 2011.
  • [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 on the fourth anniversary of the grant date.
  • [F5]Represents the number of shares acquired upon vesting of 1/3 of the Performance Share Units earned by the participant in connection with the Performance Share award filed January 26, 2010. The participant earned 135% of the target award based on the achievement of certain pre-established performance goals during the 2010 fiscal year. The remaining Performance Share Units will vest 1/3 on the second and third anniversary of the grant date.
  • [F6]The remaining Restricted Stock Units will vest in equal installments on the second, third and fourth anniversary of the grant date.
  • [F7]The remaining Restricted Stock Units will vest in equal installments on the second, third and fourth anniversary of the grant date.
  • [F8]Vests at a rate of 2.08% per month for 48 months.
  • [F9]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 2011 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 21,000 shares.

Documents

1 file

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, 9:28 PM ET
Size
36.3 KB
View on SEC.gov