Anil Chakravarthy - 09 Jan 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role: President, DX
Signature: /s/ Allison Blais, as attorney-in-fact
Issuer symbol: ADBE
Transactions as of: 09 Jan 2022
Net transactions value: -$2,797,104
Form type: 4
Filing time: 10 Jan 2022, 16:33:33 UTC
Previous filing: 27 Oct 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	+11,019	+195%	$0.000000	16,674	09 Jan 2022	Direct	F1
transaction	ADBE	Common Stock	Tax liability	$2,797,104	-5,477	-33%	$510.70	11,197	09 Jan 2022	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	-11,019	-50%	$0.000000	11,019	09 Jan 2022	Common Stock	11,019	$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 previously understated by 0.8427 due to administrative error.
F2	Shares surrendered to pay tax liability due at vesting.
F3	Vests at a rate of 1/3 annually on the first, second, and third anniversaries of the January 9, 2020 vesting commencement date.