Gloria Chen - 24 Oct 2021 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2021
Net transactions value
-$209,201
Form type
4
Filing time
26 Oct 2021, 17:10:49 UTC
Previous filing
27 Sep 2021
Next filing
24 Nov 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 +258 +2.2% $0.000000 12,160 24 Oct 2021 Direct
transaction ADBE Common Stock Tax liability $81,735 -127 -1% $643.58 12,033 24 Oct 2021 Direct F1
transaction ADBE Common Stock Options Exercise $0 +315 +2.6% $0.000000 12,348 24 Oct 2021 Direct
transaction ADBE Common Stock Tax liability $100,398 -156 -1.3% $643.58 12,192 24 Oct 2021 Direct F1
transaction ADBE Common Stock Sale $27,068 -42 -0.34% $644.47 12,150 25 Oct 2021 Direct F2
holding ADBE Common Stock 667 24 Oct 2021 Trust 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 Units Options Exercise $0 -258 -17% $0.000000 1,289 24 Oct 2021 Common Stock 258 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -315 -10% $0.000000 2,838 24 Oct 2021 Common Stock 315 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares surrendered to pay tax liability due at vesting.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person December 22, 2020.
F3 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
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.