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

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Feb 28, 2022
Transactions value $
-$51,445
Form type
4
Date filed
3/2/2022, 05:07 PM
Previous filing
Jan 26, 2022
Next filing
Apr 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +223 +1.33% $0.00 17K Feb 28, 2022 Direct
transaction ADBE Common Stock Tax liability -$51.4K -110 -0.65% $467.68 16.9K Feb 28, 2022 Direct F1
holding ADBE Common Stock 667 Feb 28, 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 -12.46% $0.00 1.57K Feb 28, 2022 Common Stock 223 $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 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.