Mark S. Garfield - 24 Apr 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
24 Apr 2022
Net transactions value
-$26,972
Form type
4
Filing time
26 Apr 2022, 18:11:42 UTC
Previous filing
28 Mar 2022
Next filing
16 Jun 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 +36 +1.7% $0.000000 2,180 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $6,947 -17 -0.78% $408.67 2,163 24 Apr 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +100 +4.6% $0.000000 2,263 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $20,025 -49 -2.2% $408.67 2,214 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 -36 -12% $0.000000 252 24 Apr 2022 Common Stock 36 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -100 -8.3% $0.000000 1,106 24 Apr 2022 Common Stock 100 $0.000000 Direct F3
* 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, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.