Adobe Shares held up by The Equity insentive Plan
The plan is ubber cleaver to offer shares to the staff and reduce or eliminate any doubt form staff about the plan. Now as an investor your shares are now diluted by adding in 17.5 million at market price.
From Adobe Forums
Why is that the Adobe Staff is pushing so hard we all get on the cloud. Here ya go Swing over to Yahoo and see that The baord voted to reinstate the 2003 Equity Incentive plan.
Equity Incentive is stock options that incease the amount of shares to by 17.5 mil so at a 45 dollar a share price we are talking about 18x45 810 milion on stock. I think the employes should get paid well. For sure but as for the cloud it is a profit beast set up to get 2x or 3x more money out of you a year.
http://biz.yahoo.com/e/130412/adbe8-k.html
The plan with the cloud is to "Funnel" you into the free or promo price then the price goes up.
Adobe said its Creative Cloud exceeded 500,000 paid individual members and free and trial memberships exceeded 2 million, which the company said could lead to more paid membership.
The company said it added about 153,000 net paid subscriptions during the first quarter and that it expects to reach 1.25 million paid subscriptions by the end of this year.
A Win Win for everyone the share holders see high earnings the staff see some stock options. The only looser is you the consumer. Sorry Adobe be truthfull with us without us you do not thrive!
upon reading this and the confrence call I had an AHAAA moment as to Why they cloud is the only option from the mouth of anyone working at ADOBE
Do yourselves a favor get off the cloud let Adobe come back down to earth. Watch the stock drop. Then upgrade as normal next year if you do there will an Adobe to buy from in ten years if not they may go away. If you own the stock sell ASAP the insiders are!
http://finance.yahoo.com/q/it?s=ADBE+Insider+Transactions
also note how much naryeen sells over 1mil shares this year