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

Role: SVP, CAO & Corp. Controller
Signature: /s/ Allison Blais, as attorney-in-fact
Issuer symbol: ADBE
Transactions as of: 15 Mar 2022
Net transactions value: -$434,731
Form type: 4
Filing time: 16 Mar 2022, 11:32:34 UTC
Previous filing: 02 Mar 2022
Next filing: 28 Mar 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	+248	+16%	$0.000000	1,804	15 Mar 2022	Direct
transaction	ADBE	Common Stock	Tax liability	$51,443	-122	-6.8%	$421.66	1,682	15 Mar 2022	Direct	F1
transaction	ADBE	Common Stock	Options Exercise	$0	+1,834	+109%	$0.000000	3,516	15 Mar 2022	Direct
transaction	ADBE	Common Stock	Tax liability	$383,289	-909	-26%	$421.66	2,607	15 Mar 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%	$0.000000	743	15 Mar 2022	Common Stock	248	$0.000000	Direct	F2
transaction	ADBE	Restricted Stock Units	Options Exercise	$0	-1,834	-25%	$0.000000	5,500	15 Mar 2022	Common Stock	1,834	$0.000000	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.