Shantanu Narayen - Oct 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
Oct 24, 2021
Transactions value $
-$1,382,410
Form type
4
Date filed
10/26/2021, 05:11 PM
Previous filing
Oct 4, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +2.58K +0.78% $0.00 332K Oct 24, 2021 by trust F1
transaction ADBE Common Stock Tax liability -$822K -1.28K -0.38% $643.58 331K Oct 24, 2021 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.76K +0.53% $0.00 333K Oct 24, 2021 by trust F1
transaction ADBE Common Stock Tax liability -$560K -870 -0.26% $643.58 332K Oct 24, 2021 by trust F1, F2
holding ADBE Common Stock 74.8 Oct 24, 2021 Direct

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 -16.67% $0.00 12.9K Oct 24, 2021 Common Stock 2.58K $0.00 Direct F3
transaction ADBE Restricted Stock Unit Options Exercise $0 -1.76K -10% $0.00 15.8K Oct 24, 2021 Common Stock 1.76K $0.00 Direct F4
* 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 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.