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

Role
Chairman, President and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2021
Net transactions value
-$1,382,410
Form type
4
Filing time
26 Oct 2021, 17:11:39 UTC
Previous filing
04 Oct 2021
Next filing
04 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 +2,578 +0.78% $0.000000 332,295 24 Oct 2021 by trust F1
transaction ADBE Common Stock Tax liability $822,495 -1,278 -0.38% $643.58 331,017 24 Oct 2021 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,756 +0.53% $0.000000 332,773 24 Oct 2021 by trust F1
transaction ADBE Common Stock Tax liability $559,915 -870 -0.26% $643.58 331,903 24 Oct 2021 by trust F1, F2
holding ADBE Common Stock 75 24 Oct 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 -2,578 -17% $0.000000 12,890 24 Oct 2021 Common Stock 2,578 $0.000000 Direct F3
transaction ADBE Restricted Stock Unit Options Exercise $0 -1,756 -10% $0.000000 15,810 24 Oct 2021 Common Stock 1,756 $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 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.