8-K Annual Meeting Results


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of Report (date of earliest event reported): April 10, 2015 (April 9, 2015)
 
Adobe Systems Incorporated
(Exact name of Registrant as specified in its charter)
 
Delaware
 
0-15175
 
77-0019522
(State or other jurisdiction of
incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)
 
345 Park Avenue
San Jose, California 95110-2704
(Address of principal executive offices and zip code)
 
Registrant’s telephone number, including area code: (408) 536-6000
 
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
(e)          Amendment and Restatement of 2003 Equity Incentive Plan

On April 9, 2015, at the Company’s 2015 Annual Meeting of Stockholders (the “Annual Meeting”), the stockholders of Adobe Systems Incorporated (the “Company”) approved an amendment of the Adobe Systems Incorporated 2003 Equity Incentive Plan (the “2003 Plan”) to increase the available share reserve by 10 million shares as described in our definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on February 27, 2015 (the “Proxy Statement”). The amended 2003 Plan previously had been approved, subject to stockholder approval, by the Executive Compensation Committee of the Board of Directors of the Company (the “Board of Directors”).

A summary of the amended 2003 Plan is set forth in our Proxy Statement. That summary and the foregoing description of the amendment are qualified in their entirety by reference to the text of the amended 2003 Plan, which is filed as Exhibit 10.1 hereto and incorporated herein by reference.

Item 5.07. Submission of Matters to a Vote of Security Holders.
 
At the Annual Meeting, held on April 9, 2015, the Company’s stockholders approved the four proposals listed below. The final results for the votes regarding each proposal are set forth in the following tables. Each of these proposals is described in detail in the Company’s Proxy Statement.
 
1.  Elect thirteen members of the Board of Directors, each to serve for a one-year term:
 
 
 
Votes
 
Votes
 
 
 
Broker
Name
 
For
 
Against
 
Abstentions
 
Non-Votes
Amy L. Banse
 
407,644,849
 
1,467,947
 
1,129,018
 
38,219,673
Kelly J. Barlow
 
407,363,406
 
1,748,525
 
1,129,883
 
38,219,673
Edward W. Barnholt
 
406,716,850
 
2,387,810
 
1,137,154
 
38,219,673
Robert K. Burgess
 
408,027,579
 
1,075,417
 
1,138,818
 
38,219,673
Frank A. Calderoni
 
408,766,694
 
337,012
 
1,138,108
 
38,219,673
Michael R. Cannon
 
407,063,047
 
1,880,638
 
1,298,129
 
38,219,673
James E. Daley
 
406,264,549
 
2,652,242
 
1,325,023
 
38,219,673
Laura B. Desmond
 
408,737,140
 
352,032
 
1,152,642
 
38,219,673
Charles M. Geschke
 
406,635,521
 
2,575,246
 
1,031,047
 
38,219,673
Shantanu Narayen
 
408,098,206
 
1,109,953
 
1,033,655
 
38,219,673
Daniel L. Rosensweig
 
406,169,139
 
2,941,780
 
1,130,895
 
38,219,673
Robert Sedgewick
 
405,778,906
 
3,412,120
 
1,050,788
 
38,219,673
John E. Warnock
 
406,638,536
 
2,574,228
 
1,029,050
 
38,219,673
 
2.  Approve the amendment of the Adobe Systems Incorporated 2003 Equity Incentive Plan.
 
Votes For
 
Votes Against
 
Abstentions
 
Broker Non-Votes
369,542,244
 
39,386,410
 
1,313,160
 
38,219,673
 
3.  Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on November 27, 2015.
 
Votes For
 
Votes Against
 
Abstentions
 
Broker Non-Votes
443,441,693
 
3,520,170
 
1,499,624
 
—
 




4.  Approve, on an advisory basis, the compensation of our named executive officers.
 
Votes For
 
Votes Against
 
Abstentions
 
Broker Non-Votes
374,921,352
 
33,247,809
 
2,072,653
 
38,219,673
 
Item 9.01. Financial Statements and Exhibits.
 
(d)         Exhibits
 
Exhibit
 
 
 
Incorporated by Reference
 
Filed
 
Number
 
Exhibit Description
 
Form
 
Date
 
Number
 
Herewith
 
10.1
 
2003 Equity Incentive Plan, as amended
 
 
 
 
 
 
 
X
 




SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
ADOBE SYSTEMS INCORPORATED
 
 
Date: April 10, 2015
By:
/s/ Mark Garrett
 
 
Mark Garrett
 
 
Executive Vice President and Chief Financial Officer




EXHIBIT INDEX
 
Exhibit
 
 
 
Incorporated by Reference
 
Filed
 
Number
 
Exhibit Description
 
Form
 
Date
 
Number
 
Herewith
 
10.1
 
2003 Equity Incentive Plan, as amended
 
 
 
 
 
 
 
X