Ann Lewnes - 24 Apr 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, CMO, Corp Strategy & Dev
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2022
Net transactions value
-$317,537
Form type
4
Filing time
26 Apr 2022, 18:14:04 UTC
Previous filing
26 Jan 2022
Next filing
03 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 +612 +2.4% $0.000000 26,284 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $123,827 -303 -1.2% $408.67 25,981 24 Apr 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +540 +2.1% $0.000000 26,521 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $109,115 -267 -1% $408.67 26,254 24 Apr 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +418 +1.6% $0.000000 26,672 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $84,595 -207 -0.78% $408.67 26,465 24 Apr 2022 Direct F1
transaction ADBE Common Stock Gift $0 -1,128 -4.3% $0.000000 25,337 07 Apr 2022 Direct

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 -612 -25% $0.000000 1,837 24 Apr 2022 Common Stock 612 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -540 -12% $0.000000 3,784 24 Apr 2022 Common Stock 540 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -418 -8.3% $0.000000 4,608 24 Apr 2022 Common Stock 418 $0.000000 Direct F4
* 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, 2019 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.