Gloria Chen - 24 Apr 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2022
Net transactions value
-$196,979
Form type
4
Filing time
26 Apr 2022, 18:11:57 UTC
Previous filing
02 Mar 2022
Next filing
31 May 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 +257 +1.5% $0.000000 17,134 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $51,901 -127 -0.74% $408.67 17,007 24 Apr 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +315 +1.9% $0.000000 17,322 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $63,753 -156 -0.9% $408.67 17,166 24 Apr 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +402 +2.3% $0.000000 17,568 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $81,325 -199 -1.1% $408.67 17,369 24 Apr 2022 Direct F1
holding ADBE Common Stock 667 24 Apr 2022 Trust F2

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 -257 -25% $0.000000 774 24 Apr 2022 Common Stock 257 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -315 -12% $0.000000 2,207 24 Apr 2022 Common Stock 315 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -402 -8.3% $0.000000 4,423 24 Apr 2022 Common Stock 402 $0.000000 Direct F5
* 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 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
F3 Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F5 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.