Hello, everyone, and welcome to Adobe's 2021 Annual Meeting of Stockholders. I hope you are all well and staying safe. I'm Shantanu Narayan, Chairman, President and CEO of Adobe and Chairman of this Annual Meeting of Stockholders. Before we begin the meeting, I would like to acknowledge the recent passing of our beloved Co Founder, Doctor. Chuck Geschke, whose death leaves an indelible mark on our company and the world.
Chuck instilled a relentless drive for innovation in the company, resulting in some of the most transformative software inventions, including PDF, Acrobat, Illustrator, Premiere Pro and Photoshop. But as much as his inventions changed the world, it was his focus on people, Purpose and Culture that has profoundly impacted each of us at Adobe. Chuck always said He wanted to create a company where he would want to work. He believes that good ideas came from everywhere in the company and that it's not only what we do, but how we do it that matters most. I admired his brilliance, kindness and values that define his character and I'm grateful that I have the privilege to know and work with him.
After 18 years sharing the helm of Adobe with Co Founder, John Warnock, Chuck retired in 2000 and continued to serve on the Board of Directors until last year when he transitioned to become Emeritus Board Member. This is a huge loss for the entire Adobe community and the technology industry for whom he has been a guide and hero for decades. He will certainly be missed. I will now call the meeting to order. This meeting is being held based on the Annual Meeting notice we sent or made available to all Adobe Stockholders of record.
Voting is open and you may submit written questions at any time during the meeting. You may submit your vote by clicking on the voting button on the web portal and following the instructions. The polls will close immediately after the presentation of Proposal 4. You can also find the meeting materials on the web portal. Dana Rau, General Counsel and Corporate Secretary is the secretary of this meeting and he will record the minutes.
Also based on an appointment by our Board, Kathy Wheaton from Broadridge joins us today as our Inspector of Elections. We ask that Ms. Wheaton determine the exact number of shares of common stock represented at the meeting and a final report of the number of shares represented will be provided before the voting begins. While Ms. Wheaton is determining the number of shares present, I would like to recognize the members of Adobe's Board of Directors and management teams that are in attendance today, including John Murphy, Executive Vice President and Chief Financial Officer and Jonathan Vass, Vice President of Investor Relations.
Also with us today are Mark Lemons and Frank Castle of KPMG. I will now turn the meeting over to Dana.
Thank you, Shantanu. Good morning, everyone. We will now cover the formalities required to make this a proper meeting. After voting on these items, we will adjourn the formal portion of the meeting and proceed to any questions. As Shantanu mentioned, questions may be submitted on the web portal and will be addressed pursuant to the meeting rules of conduct.
Broadridge mailed the meeting notice beginning on March 5 to all stockholders of record as of mid February 22. Our records show that on the record date, there were 479,000,000,325,000 592 shares of common stock outstanding and entitled to vote at this meeting. Ms. Wheaton tells me that signed proxies for 413,000,000,379,000 and 97 shares of common stock or approximately 86.24 percent of the total outstanding shares on the record date are represented at this meeting. This constitutes a quorum for the transaction of business and this meeting is duly constituted.
Please note that a list of stockholders as of the record date is available for inspection during the entire time of this annual meeting on the web portal. I also want to remind you that if you have already voted by proxy, you do not need to vote in this virtual meeting unless you want to change your vote. The proxy holders will vote your shares according to the proxy. It is now 9:0:5 a. M.
And the polls are now open to consider the following 4 proposals as described in the proxy statement. Proposal 1, The election of 11 members of our Board of Directors to serve for a 1 year term. Proposal 2, The approval of the 2019 Equity Incentive Plan as amended to increase the available share reserve by 6,000,000 shares. Proposal 3, ratifying the appointment of KPMZ at Adobe's independent registered public accounting firm for the 2021 fiscal year and Proposal 4, the advisory vote on executive compensation. The Board recommends a vote for each of the nominees in Proposal 1 and for Proposals 2, 3 and 4.
We will now pause It is 9:0:6 a. M. And the polls are now closed. Will Ms. Wheaton please tally his results?
Thank you, Ms. Wheaton, for telling results. Hope everything is great with the family. Please let me know when you're ready. Excellent.
The report of Ms. Wheaton, Inspector of Elections states that the results of today's meeting are as follows. All 11 directors were re elected as members of our Board of Directors to serve for a 1 year term. The stockholders approved the 2019 Equity Incentive Plan as amended, which increases the available share reserve by 6,000,000 shares. The stockholders ratified the appointment of KPMG as Adobe's independent registered public accounting firm for the 2021 fiscal year and The stockholders approved on an advisory basis the compensation of our named executive officers.
We will report the final voting results on our Form 8 ks and file it with the SEC within 4 business days after this meeting. This concludes the formal business portion of the meeting, which is now adjourned. I would like to thank each of you for your attendance today. We appreciate your continued interest and support of Adobe. We will now turn to questions.
Please remember that only stockholders are permitted to submit questions. For questions that cannot be answered due to time constraints, we will provide responses on the Investor Relations section of our corporate website shortly After the meeting, I will now give the floor to Jonathan Bass to address any questions. Thank you.
Thank you, Dana. We will now address any questions properly submitted in accordance with the meeting rules of conduct. I'll pause just a moment to give you time to ask any questions. At this time, there have been no questions submitted. I will now turn it over to Shantanu for closing remarks.
Thank you, Jonathan. I remain incredibly proud of Adobe's impact. The benefits of our innovation enabled millions around the world to create, be productive and deliver the world's best digital experience. Adobe's best days are ahead of us and I look forward to continuing this journey with all of you. As we conclude our meeting, I would like to visit you invite you to visit our Investor Relations page on adobe.com for information related to operations and past results.
Thank you for joining us today and please take care. This concludes our meeting.