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

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Oct 24, 2021
Transactions value $
-$625,926
Form type
4
Date filed
10/26/2021, 05:12 PM
Previous filing
Jul 28, 2021
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +516 +3.54% $0.00 15.1K Oct 24, 2021 Direct
transaction ADBE Common Stock Tax liability -$164K -255 -1.69% $643.58 14.8K Oct 24, 2021 Direct F1
transaction ADBE Common Stock Options Exercise $0 +451 +3.04% $0.00 15.3K Oct 24, 2021 Direct
transaction ADBE Common Stock Tax liability -$144K -223 -1.46% $643.58 15.1K Oct 24, 2021 Direct F1
transaction ADBE Common Stock Sale -$318K -489 -3.25% $650.91 14.6K Oct 26, 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 -16.68% $0.00 2.58K Oct 24, 2021 Common Stock 516 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -451 -10.01% $0.00 4.05K Oct 24, 2021 Common Stock 451 $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 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.