Mark S. Garfield - Apr 24, 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
SVP, CAO & Corp. Controller
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2022
Transactions value $
-$26,972
Form type
4
Date filed
4/26/2022, 06:11 PM
Previous filing
Mar 28, 2022
Next filing
Jun 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +36 +1.68% $0.00 2.18K Apr 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$6.95K -17 -0.78% $408.67 2.16K Apr 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +100 +4.62% $0.00 2.26K Apr 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$20K -49 -2.17% $408.67 2.21K Apr 24, 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 -12.5% $0.00 252 Apr 24, 2022 Common Stock 36 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -100 -8.29% $0.00 1.11K Apr 24, 2022 Common Stock 100 $0.00 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.