8-K
filed April 24, 2023, 7:59 PM ET
ticker ADBE
CIK 0000796343
other material
confidence high
sentiment neutral
materiality 0.15
Adobe shareholders approve 12M share increase to 2019 equity plan, re-elect all 12 directors
ADOBE INC.
- Stockholders approved amendment to 2019 Equity Incentive Plan, increasing share reserve by 12,000,000 shares (335M for, 20.8M against).
- All 12 director nominees elected with strong support; Shantanu Narayen received 332M votes for, 22.8M against.
- Ratification of KPMG as independent auditor for FY2023 approved (370M for, 25M against, 708K abstentions).
- Advisory vote on executive compensation passed (313.6M for, 41.8M against); annual frequency selected (351M for one year).
- Stockholder proposal on report about hiring persons with arrest/incarceration records rejected (59.8M for, 292.5M against).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ADOBE INC. shareholders approved Approve, on an advisory basis, the frequency of the advisory vote on executive compensation at the 2023-04-20 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-04-20
Exact text from the filing
5. Approve, on an advisory basis, the frequency of the advisory vote on executive compensation. One Year Two Years Three Years Abstentions Broker Non-Votes 351,067,962 266,967 4,741,649 518,969 39,206,120
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ADOBE INC. shareholders rejected Vote upon a stockholder proposal concerning a report on hiring of persons with arrest or incarceration records at the 2023-04-20 meeting.
- Outcome
- failed
- Meeting
- 2023-04-20
Exact text from the filing
6. Vote upon a stockholder proposal concerning a report on hiring of persons with arrest or incarceration records. Votes For Votes Against Abstentions Broker Non-Votes 59,783,487 292,462,760 4,349,300 39,206,120
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ADOBE INC. shareholders approved Approve the 2019 Equity Incentive Plan, as amended, to increase the available share reserve by 12,000,000 shares at the 2023-04-20 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-04-20
Exact text from the filing
2. Approve the 2019 Equity Incentive Plan, as amended, to increase the available share reserve by 12,000,000 shares. Votes For Votes Against Abstentions Broker Non-Votes 335,214,097 20,772,530 608,920 39,206,120
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ADOBE INC. shareholders approved Approve, on an advisory basis, the compensation of our named executive officers at the 2023-04-20 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-04-20
Exact text from the filing
4. Approve, on an advisory basis, the compensation of our named executive officers. Votes For Votes Against Abstentions Broker Non-Votes 313,607,712 41,802,944 1,184,891 39,206,120
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ADOBE INC. shareholders approved Elect twelve members of the Board of Directors, each to serve for a one-year term at the 2023-04-20 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-04-20
Exact text from the filing
1. Elect twelve members of the Board of Directors, each to serve for a one-year term: Votes Votes Broker Name For Against Abstentions Non-Votes Amy Banse 330,578,098 25,596,071 421,378 39,206,120 Brett Biggs 353,685,165 2,469,772 440,610 39,206,120 Melanie Boulden 347,030,715 9,143,771 421,061 39,206,120 Frank Calderoni 341,626,519 14,527,744 441,284 39,206,120 Laura Desmond 344,230,359 11,945,621 419,567 39,206,120 Shantanu Narayen 332,225,049 22,794,294 1,576,204 39,206,120 Spencer Neumann 353,765,482 2,389,549 440,516 39,206,120 Kathleen Oberg 345,228,314 10,946,294 420,939 39,206,120 Dheeraj Pandey 353,775,483 2,351,176 468,888 39,206,120 David Ricks 345,681,191 10,472,117 442,239 39,206,120 Daniel Rosensweig 341,820,698 14,330,904 443,945 39,206,120 John Warnock 350,825,082 5,403,339 367,126 39,206,120
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ADOBE INC. shareholders approved Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on December 1, 2023 at the 2023-04-20 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-04-20
Exact text from the filing
3. Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on December 1, 2023. Votes For Votes Against Abstentions 370,067,020 25,026,228 708,419
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.