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

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2022
Transactions value $
-$269,722
Form type
4
Date filed
4/26/2022, 06:12 PM
Previous filing
Feb 1, 2022
Next filing
Jul 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +516 +2.9% $0.00 18.3K Apr 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$104K -255 -1.39% $408.67 18K Apr 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +451 +2.5% $0.00 18.5K Apr 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$91.1K -223 -1.21% $408.67 18.3K Apr 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +368 +2.01% $0.00 18.6K Apr 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$74.4K -182 -0.98% $408.67 18.5K 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 -516 -25.01% $0.00 1.55K Apr 24, 2022 Common Stock 516 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -451 -12.51% $0.00 3.15K Apr 24, 2022 Common Stock 451 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -368 -8.32% $0.00 4.06K Apr 24, 2022 Common Stock 368 $0.00 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.