Shantanu Narayen - Jul 24, 2021 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Chairman, President and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jul 24, 2021
Transactions value $
-$1,344,995
Form type
4
Date filed
7/27/2021, 05:13 PM
Previous filing
Jul 6, 2021
Next filing
Sep 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +2.58K +0.7% $0.00 370K Jul 24, 2021 by trust F1
transaction ADBE Common Stock Tax liability -$800K -1.28K -0.35% $625.87 369K Jul 24, 2021 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.76K +0.48% $0.00 371K Jul 24, 2021 by trust F1
transaction ADBE Common Stock Tax liability -$545K -871 -0.24% $625.87 370K Jul 24, 2021 by trust F1, F2
holding ADBE Common Stock 74.8 Jul 24, 2021 Direct F3

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 Unit Options Exercise $0 -2.58K -14.29% $0.00 15.5K Jul 24, 2021 Common Stock 2.58K $0.00 Direct F4
transaction ADBE Restricted Stock Unit Options Exercise $0 -1.76K -9.09% $0.00 17.6K Jul 24, 2021 Common Stock 1.76K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
F3 Includes 74.754 shares acquired on June 30, 2021 pursuant to Adobe's 2020 Employee Stock Purchase Plan.
F4 Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
F5 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.