---
schema_version: "secwatch.filing_event.v1"
accession: "0000796343-22-000056"
form_type: "8-K"
ticker: "ADBE"
cik: "0000796343"
company_name: "ADOBE INC."
filed_at: "2022-01-27T23:59:59+00:00"
generated_at: "2026-06-27T15:12:28.633111+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Adobe sets 2022 performance share targets; CEO Narayen eligible for up to 93,644 shares

## Summary
- CEO target award 46,822 shares (max 93,644); CFO Durn target 9,694 shares (max 19,388).
- Performance shares tied 50% to TSR vs NASDAQ-100 over 2022-2024 and 50% to Net New Sales.
- 2022 annual incentive plan: CEO bonus target 200% of salary (max 400%) based on GAAP revenue and non-GAAP EPS.
- TSR payout capped at 100% if absolute TSR negative, regardless of relative rank.

## SEC filing metadata
- accession: 0000796343-22-000056
- form_type: 8-K
- ticker: ADBE
- cik: 0000796343
- company_name: ADOBE INC.
- filed_at: 2022-01-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796343/000079634322000056/0000796343-22-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796343/000079634322000056/adbe-20220124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000796343-22-000056
- JSON: https://secwatch.observer/filing/0000796343-22-000056.json
- Plain text: https://secwatch.observer/filing/0000796343-22-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.