Mark S. Garfield - 24 Jul 2021 Form 4 Insider Report for ADOBE INC. (ADBE)

Role: SVP, CAO & Corp. Controller
Signature: /s/ Allison Blais, as attorney-in-fact
Issuer symbol: ADBE
Transactions as of: 24 Jul 2021
Net transactions value: -$10,640
Form type: 4
Filing time: 27 Jul 2021, 17:11:39 UTC
Next filing: 26 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADBE	Common Stock	Options Exercise	$0	+36	+6%	$0.000000	632	24 Jul 2021	Direct	F1
transaction	ADBE	Common Stock	Tax liability	$10,640	-17	-2.7%	$625.87	615	24 Jul 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ADBE	Restricted Stock Units	Options Exercise	$0	-36	-9.1%	$0.000000	360	24 Jul 2021	Common Stock	36	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 51.5102 shares acquired on June 30, 2021 pursuant to Adobe's 2020 Employee Stock Purchase Plan.
F2	Shares surrendered to pay tax liability due at vesting.
F3	Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.