Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ADBE | Performance Shares | Award | $0 | +19.4K | $0.00 | 19.4K | Jan 24, 2022 | Common Stock | 19.4K | $0.00 | Direct | F1, F2 | |
transaction | ADBE | Restricted Stock Units | Award | $0 | +9.69K | $0.00 | 9.69K | Jan 24, 2022 | Common Stock | 9.69K | $0.00 | Direct | F3 |
Id | Content |
---|---|
F1 | Represents 200% of the target payout (the maximum number of Performance Shares that will be earned, if at all) following the three-year performance period. |
F2 | The Performance Shares will vest in full upon the certification of performance goal achievements following the three-year anniversary of the January 24, 2022 vesting commencement date if the performance goals are achieved. |
F3 | Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter. |