Scott Belsky - Jul 24, 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, CPO, Creative Cloud
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jul 24, 2022
Transactions value $
-$415,967
Form type
4
Date filed
7/26/2022, 05:18 PM
Previous filing
Mar 28, 2024
Next filing
Jul 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +774 +2.77% $0.00 28.7K Jul 24, 2022 Direct F1
transaction ADBE Common Stock Tax liability -$172K -428 -1.49% $401.90 28.3K Jul 24, 2022 Direct F2
transaction ADBE Common Stock Options Exercise $0 +631 +2.23% $0.00 28.9K Jul 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$140K -348 -1.2% $401.90 28.6K Jul 24, 2022 Direct F2
transaction ADBE Common Stock Options Exercise $0 +469 +1.64% $0.00 29.1K Jul 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$104K -259 -0.89% $401.90 28.8K Jul 24, 2022 Direct F2

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 -774 -33.35% $0.00 1.55K Jul 24, 2022 Common Stock 774 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -631 -14.29% $0.00 3.78K Jul 24, 2022 Common Stock 631 $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -469 -9.09% $0.00 4.69K Jul 24, 2022 Common Stock 469 $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 44.2971 shares acquired on June 30, 2022 pursuant to Adobe's 2020 Employee Stock Purchase Plan.
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.