| SEC 1746 (2-98) |
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| UNITED STATES | Expires: October 31, 2002 |
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| SECURITIES AND EXCHANGE COMMISSION | Estimated average burden | |
| Washington, D.C. 20549 | hours per response...14.9 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
Salon Media Group, Inc. (Name of Issuer) |
Common Stock (Title of Class of Securities) |
79549 F10 8 (CUSIP Number) |
Cheryl K. House, Esq. Adobe Systems Incorporated 345 Park Avenue San Jose, CA 95110 (408) 536-6000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
March 7, 2002 (Date of Event which Requires Filing of this Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. / /
| CUSIP No. 79549 F10 8 |
| 1. | Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). | |||||
Adobe Systems Incorporated; IRS# 7730019522 |
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||
| (a) / / | ||||||
(b) / / |
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| 3. | SEC Use Only | |||||
| 4. | Source of Funds (See Instructions) | |||||
WC |
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| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) / / | |||||
| 6. | Citizenship or Place of Organization | |||||
Delaware |
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| Number of Shares Beneficially Owned by | 7. | Sole Voting Power | ||||
| Each Reporting Person With | ||||||
| 4,964,890 | ||||||
| 8. | Shared Voting Power | |||||
0 |
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| 9. | Sole Dispositive Power | |||||
4,964,890 |
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| 10. | Shared Dispositive Power | |||||
0 |
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| 11. | Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
6,379,717† |
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| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) / / | |||||
| 13. | Percent of Class Represented by Amount in Row (11) | |||||
34.97% |
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| 14. | Type of Reporting Person (See Instructions) | |||||
CO |
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Item 1. |
SECURITY AND ISSUER |
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Common Stock, par value $.001; Salon, Inc., a Delaware corporation with principal executive offices located at 22 Fourth Street, 16th Floor, San Francisco, CA 94103 |
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Item 2. |
IDENTITY AND BACKGROUND |
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(a) |
Adobe Systems Incorporated |
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(b) |
345 Park Avenue, San Jose, CA 95110 |
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(c) |
Graphics software development, manufacture and licensing |
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(d) |
No |
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(e) |
No |
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(f) |
Not applicable |
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Item 3. |
SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION |
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Purchase of 125 shares of Series B Preferred Stock currently convertible into an aggregate of 2,830,913 shares of Common Stock. Additionally, reporting person received a warrant to purchase an additional 1,414,827 shares of issuer's Common Stock exercisable at $.21 per share. |
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Item 4. |
PURPOSE OF TRANSACTION |
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A general investment held by reporting person with respect to the shares reported herein. |
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Item 5. |
INTEREST IN SECURITIES OF THE ISSUER |
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(a) |
2,133,977 shares of Common Stock; 2,830,913 shares of Common Stock underlying 125 shares of Series B Preferred Stock; and 1,414,827 shares of Common Stock underlying warrants which may be exercised by reporting person — Aggregate 6,379,717 shares; 34.97% |
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(b) |
4,964,890 |
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(c) |
Purchase of 125 shares of Series B Preferred Stock convertible into an aggregate of 2,830,913 shares of Common Stock. Additionally, reporting person received a warrant to purchase an additional 1,414,827 shares of issuer's Common Stock exercisable at $.21 per share. |
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(d) |
Not applicable |
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(e) |
Not applicable |
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Item 6. |
CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER |
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Not applicable |
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Item 7. |
MATERIAL TO BE FILED AS EXHIBITS |
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Not applicable |
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After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| March 13, 2002 Date |
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/s/ KAREN O. COTTLE Signature |
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Karen O. Cottle, Senior Vice President, General Counsel and Secretary Name/Title |