Anil Chakravarthy - 24 Apr 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2022
Net transactions value
-$121,784
Form type
4
Filing time
26 Apr 2022, 18:11:17 UTC
Previous filing
26 Jan 2022
Next filing
16 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +603 +4.9% $0.000000 13,017 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $121,784 -298 -2.3% $408.67 12,719 24 Apr 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 -603 -8.3% $0.000000 6,635 24 Apr 2022 Common Stock 603 $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 January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.