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

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2022
Net transactions value
-$269,722
Form type
4
Filing time
26 Apr 2022, 18:12:05 UTC
Previous filing
01 Feb 2022
Next filing
26 Jul 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 +516 +2.9% $0.000000 18,292 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $104,211 -255 -1.4% $408.67 18,037 24 Apr 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +451 +2.5% $0.000000 18,488 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $91,133 -223 -1.2% $408.67 18,265 24 Apr 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +368 +2% $0.000000 18,633 24 Apr 2022 Direct
transaction ADBE Common Stock Tax liability $74,378 -182 -0.98% $408.67 18,451 24 Apr 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% $0.000000 1,547 24 Apr 2022 Common Stock 516 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -451 -13% $0.000000 3,153 24 Apr 2022 Common Stock 451 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -368 -8.3% $0.000000 4,055 24 Apr 2022 Common Stock 368 $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.