John Francis Murphy - 24 Jul 2021 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP and CFO
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Jul 2021
Net transactions value
-$434,980
Form type
4
Filing time
27 Jul 2021, 17:12:17 UTC
Previous filing
29 Jun 2021
Next filing
03 Dec 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 +773 +4% $0.000000 20,331 24 Jul 2021 Direct F1
transaction ADBE Common Stock Tax liability $239,708 -383 -1.9% $625.87 19,948 24 Jul 2021 Direct F2
transaction ADBE Common Stock Options Exercise $0 +631 +3.2% $0.000000 20,579 24 Jul 2021 Direct
transaction ADBE Common Stock Tax liability $195,271 -312 -1.5% $625.87 20,267 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 -773 -14% $0.000000 4,641 24 Jul 2021 Common Stock 773 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -631 -9.1% $0.000000 6,306 24 Jul 2021 Common Stock 631 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 83.0647 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, 2019 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.