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

Role
EVP, CPO, Creative Cloud
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2022
Net transactions value
-$1,534,153
Form type
4
Filing time
26 Apr 2022, 18:10:53 UTC
Previous filing
28 Mar 2022
Next filing
26 Jul 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 +773 +2.6% $0.000000 30,562 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $174,502 -427 -1.4% $408.67 30,135 24 Apr 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +630 +2.1% $0.000000 30,765 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $142,217 -348 -1.1% $408.67 30,417 24 Apr 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +469 +1.5% $0.000000 30,886 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $105,846 -259 -0.84% $408.67 30,627 24 Apr 2022 Direct F1
transaction ADBE Common Stock Sale $1,111,588 -2,710 -8.8% $410.18 27,917 25 Apr 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 -25% $0.000000 2,321 24 Apr 2022 Common Stock 773 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -630 -12% $0.000000 4,415 24 Apr 2022 Common Stock 630 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -469 -8.3% $0.000000 5,160 24 Apr 2022 Common Stock 469 $0.000000 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.