Gloria Chen - 30 Nov 2021 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
30 Nov 2021
Net transactions value
-$74,353
Form type
4
Filing time
01 Dec 2021, 16:23:44 UTC
Previous filing
24 Nov 2021
Next filing
23 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +224 +1.9% $0.000000 12,332 30 Nov 2021 Direct
transaction ADBE Common Stock Tax liability $74,353 -111 -0.9% $669.85 12,221 30 Nov 2021 Direct F1
holding ADBE Common Stock 667 30 Nov 2021 Trust 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 -224 -11% $0.000000 1,790 30 Nov 2021 Common Stock 224 $0.000000 Direct F3
* 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 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
F3 Vests 25% on the first anniversary of the November 30, 2019 vesting commencement date and then 6.25% quarterly thereafter.