Anil Chakravarthy - Jan 9, 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role: President, DX
Signature: /s/ Allison Blais, as attorney-in-fact
Stock symbol: ADBE
Transactions as of: Jan 9, 2022
Transactions value $: -$2,797,104
Form type: 4
Date filed: 1/10/2022, 04:33 PM
Previous filing: Oct 27, 2021
Next filing: Jan 26, 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	+11K	+194.86%	$0.00	16.7K	Jan 9, 2022	Direct	F1
transaction	ADBE	Common Stock	Tax liability	-$2.8M	-5.48K	-32.85%	$510.70	11.2K	Jan 9, 2022	Direct	F2

Showing 1 to 2 of 2 entries

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	-11K	-50%	$0.00	11K	Jan 9, 2022	Common Stock	11K	$0.00	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.