4//SEC Filing
Barlow Kelly J 4
Accession 0001418812-12-000083
CIK 0000796343other
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 5:29 PM ET
Size
19.1 KB
Accession
0001418812-12-000083
Insider Transaction Report
Form 4
ValueAct Capital Management, L.P.
DirectorOther
Transactions
- Award
Restricted Stock Units
2012-12-04+13,507→ 13,507 totalExercise: $0.00→ Common Stock (13,507 underlying)
ValueAct Capital Management, LLC
DirectorOther
Transactions
- Award
Restricted Stock Units
2012-12-04+13,507→ 13,507 totalExercise: $0.00→ Common Stock (13,507 underlying)
ValueAct Capital Master Fund, L.P.
DirectorOther
Transactions
- Award
Restricted Stock Units
2012-12-04+13,507→ 13,507 totalExercise: $0.00→ Common Stock (13,507 underlying)
ValueAct Holdings GP, LLC
DirectorOther
Transactions
- Award
Restricted Stock Units
2012-12-04+13,507→ 13,507 totalExercise: $0.00→ Common Stock (13,507 underlying)
Barlow Kelly J
Director
Transactions
- Award
Restricted Stock Units
2012-12-04+13,507→ 13,507 totalExercise: $0.00→ Common Stock (13,507 underlying)
ValueAct Holdings, L.P.
DirectorOther
Transactions
- Award
Restricted Stock Units
2012-12-04+13,507→ 13,507 totalExercise: $0.00→ Common Stock (13,507 underlying)
VA Partners I, LLC
DirectorOther
Transactions
- Award
Restricted Stock Units
2012-12-04+13,507→ 13,507 totalExercise: $0.00→ Common Stock (13,507 underlying)
Footnotes (4)
- [F1]Restricted Stock Units awarded to Kelly J. Barlow as a director of the Issuer. The number of shares is based on the restricted stock unit award having an aggregate value of $450,000 divided by the average stock price of a share of the Issuer's common stock as reported on the NASDAQ Global Select Market over the 30 calendar days preceding the date of grant.
- [F2]Vests at a rate of 50% annually on the first and second anniversaries of the December 4, 2012 grant date.
- [F3]Under an agreement with ValueAct Capital, Kelly J. Barlow is deemed to hold the common stock for the benefit of ValueAct Capital Master Fund, L.P. and indirectly for (i) VA Partners I, LLC as General Partner of ValueAct Capital Master Fund, L.P., (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P., (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the sole owner of the limited partnership interests of ValueAct Capital Management, L.P. and the membership interests of ValueAct Capital Management, LLC and as the majority owner of the membership interests of VA Partners I, LLC and (v) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P.
- [F4]Each reporting person listed herein disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Documents
Issuer
ADOBE SYSTEMS INC
CIK 0000796343
Entity typeother
Related Parties
1- filerCIK 0001376469
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 5:29 PM ET
- Size
- 19.1 KB