Dana Rao - 24 Oct 2021 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2021
Net transactions value
-$625,926
Form type
4
Filing time
26 Oct 2021, 17:12:09 UTC
Previous filing
28 Jul 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 +516 +3.5% $0.000000 15,095 24 Oct 2021 Direct
transaction ADBE Common Stock Tax liability $164,113 -255 -1.7% $643.58 14,840 24 Oct 2021 Direct F1
transaction ADBE Common Stock Options Exercise $0 +451 +3% $0.000000 15,291 24 Oct 2021 Direct
transaction ADBE Common Stock Tax liability $143,518 -223 -1.5% $643.58 15,068 24 Oct 2021 Direct F1
transaction ADBE Common Stock Sale $318,295 -489 -3.2% $650.91 14,579 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 -516 -17% $0.000000 2,578 24 Oct 2021 Common Stock 516 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -451 -10% $0.000000 4,054 24 Oct 2021 Common Stock 451 $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 February 5, 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.