Shantanu Narayen - 24 Apr 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Chairman and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2022
Net transactions value
-$1,142,233
Form type
4
Filing time
26 Apr 2022, 18:14:11 UTC
Previous filing
04 Apr 2022
Next filing
29 Apr 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 +2,578 +0.62% $0.000000 417,909 24 Apr 2022 by trust F1
transaction ADBE Common Stock Tax liability $522,280 -1,278 -0.31% $408.67 416,631 24 Apr 2022 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,756 +0.42% $0.000000 418,387 24 Apr 2022 by trust F1
transaction ADBE Common Stock Tax liability $355,543 -870 -0.21% $408.67 417,517 24 Apr 2022 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,306 +0.31% $0.000000 418,823 24 Apr 2022 by trust F1
transaction ADBE Common Stock Tax liability $264,409 -647 -0.15% $408.67 418,176 24 Apr 2022 by trust F1, F2
holding ADBE Common Stock 75 24 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 -2,578 -25% $0.000000 7,734 24 Apr 2022 Common Stock 2,578 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1,756 -12% $0.000000 12,297 24 Apr 2022 Common Stock 1,756 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -1,306 -8.3% $0.000000 14,376 24 Apr 2022 Common Stock 1,306 $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 held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
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.