Mark S. Garfield - 15 Jun 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
SVP, CAO & Corp. Controller
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 Jun 2022
Net transactions value
-$96,868
Form type
4
Filing time
16 Jun 2022, 16:33:28 UTC
Previous filing
26 Apr 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 +61 +2.8% $0.000000 2,275 15 Jun 2022 Direct
transaction ADBE Common Stock Tax liability $11,308 -30 -1.3% $376.92 2,245 15 Jun 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +458 +20% $0.000000 2,703 15 Jun 2022 Direct
transaction ADBE Common Stock Tax liability $85,561 -227 -8.4% $376.92 2,476 15 Jun 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 -61 -8.2% $0.000000 682 15 Jun 2022 Common Stock 61 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -458 -8.3% $0.000000 5,042 15 Jun 2022 Common Stock 458 $0.000000 Direct F2
* 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 March 15, 2021 vesting commencement date and then 6.25% quarterly thereafter.