Mark S. Garfield - Mar 15, 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
SVP, CAO & Corp. Controller
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Mar 15, 2022
Transactions value $
-$434,731
Form type
4
Date filed
3/16/2022, 11:32 AM
Previous filing
Mar 2, 2022
Next filing
Mar 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +248 +15.94% $0.00 1.8K Mar 15, 2022 Direct
transaction ADBE Common Stock Tax liability -$51.4K -122 -6.76% $421.66 1.68K Mar 15, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +1.83K +109.07% $0.00 3.52K Mar 15, 2022 Direct
transaction ADBE Common Stock Tax liability -$383K -909 -25.86% $421.66 2.61K Mar 15, 2022 Direct F1

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 -248 -25.03% $0.00 743 Mar 15, 2022 Common Stock 248 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -1.83K -25.01% $0.00 5.5K Mar 15, 2022 Common Stock 1.83K $0.00 Direct F2
* 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 Vests 25% on the first anniversary of the March 15, 2021 vesting commencement date and then 6.25% quarterly thereafter.