Scott Belsky - Apr 24, 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, CPO, Creative Cloud
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2022
Transactions value $
-$1,534,153
Form type
4
Date filed
4/26/2022, 06:10 PM
Previous filing
Mar 28, 2022
Next filing
Jul 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +773 +2.59% $0.00 30.6K Apr 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$175K -427 -1.4% $408.67 30.1K Apr 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +630 +2.09% $0.00 30.8K Apr 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$142K -348 -1.13% $408.67 30.4K Apr 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +469 +1.54% $0.00 30.9K Apr 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$106K -259 -0.84% $408.67 30.6K Apr 24, 2022 Direct F1
transaction ADBE Common Stock Sale -$1.11M -2.71K -8.85% $410.18 27.9K Apr 25, 2022 Direct

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 -773 -24.98% $0.00 2.32K Apr 24, 2022 Common Stock 773 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -630 -12.49% $0.00 4.42K Apr 24, 2022 Common Stock 630 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -469 -8.33% $0.00 5.16K Apr 24, 2022 Common Stock 469 $0.00 Direct F4
* 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 January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.