Gloria Chen - 28 Feb 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
28 Feb 2022
Net transactions value
-$51,445
Form type
4
Filing time
02 Mar 2022, 17:07:16 UTC
Previous filing
26 Jan 2022
Next filing
26 Apr 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 +223 +1.3% $0.000000 16,987 28 Feb 2022 Direct
transaction ADBE Common Stock Tax liability $51,445 -110 -0.65% $467.68 16,877 28 Feb 2022 Direct F1
holding ADBE Common Stock 667 28 Feb 2022 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 -223 -12% $0.000000 1,567 28 Feb 2022 Common Stock 223 $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.