Ann Lewnes - 24 Oct 2021 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, CMO, Corp Strategy & Dev
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2021
Net transactions value
-$745,670
Form type
4
Filing time
26 Oct 2021, 17:11:27 UTC
Previous filing
02 Aug 2021
Next filing
26 Jan 2022
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 +612 +2.4% $0.000000 26,284 24 Oct 2021 Direct
transaction ADBE Common Stock Tax liability $195,005 -303 -1.2% $643.58 25,981 24 Oct 2021 Direct F1
transaction ADBE Common Stock Options Exercise $0 +540 +2.1% $0.000000 26,521 24 Oct 2021 Direct
transaction ADBE Common Stock Tax liability $171,836 -267 -1% $643.58 26,254 24 Oct 2021 Direct F1
transaction ADBE Common Stock Sale $378,830 -582 -2.2% $650.91 25,672 26 Oct 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 -612 -17% $0.000000 3,062 24 Oct 2021 Common Stock 612 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -540 -10% $0.000000 4,865 24 Oct 2021 Common Stock 540 $0.000000 Direct F4
* 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 April 30, 2021.
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.