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

Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2022
Transactions value $
-$196,979
Form type
4
Date filed
4/26/2022, 06:11 PM
Previous filing
Mar 2, 2022
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +257 +1.52% $0.00 17.1K Apr 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$51.9K -127 -0.74% $408.67 17K Apr 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +315 +1.85% $0.00 17.3K Apr 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$63.8K -156 -0.9% $408.67 17.2K Apr 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +402 +2.34% $0.00 17.6K Apr 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$81.3K -199 -1.13% $408.67 17.4K Apr 24, 2022 Direct F1
holding ADBE Common Stock 667 Apr 24, 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 -24.93% $0.00 774 Apr 24, 2022 Common Stock 257 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -315 -12.49% $0.00 2.21K Apr 24, 2022 Common Stock 315 $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -402 -8.33% $0.00 4.42K Apr 24, 2022 Common Stock 402 $0.00 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.