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

Role
EVP, CPO, Creative Cloud
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Jul 2022
Net transactions value
-$415,966
Form type
4
Filing time
26 Jul 2022, 17:18:41 UTC
Previous filing
28 Mar 2024
Next filing
28 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 +774 +2.8% $0.000000 28,735 24 Jul 2022 Direct F1
transaction ADBE Common Stock Tax liability $172,013 -428 -1.5% $401.90 28,307 24 Jul 2022 Direct F2
transaction ADBE Common Stock Options Exercise $0 +631 +2.2% $0.000000 28,938 24 Jul 2022 Direct
transaction ADBE Common Stock Tax liability $139,861 -348 -1.2% $401.90 28,590 24 Jul 2022 Direct F2
transaction ADBE Common Stock Options Exercise $0 +469 +1.6% $0.000000 29,059 24 Jul 2022 Direct
transaction ADBE Common Stock Tax liability $104,092 -259 -0.89% $401.90 28,800 24 Jul 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% $0.000000 1,547 24 Jul 2022 Common Stock 774 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -631 -14% $0.000000 3,784 24 Jul 2022 Common Stock 631 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -469 -9.1% $0.000000 4,691 24 Jul 2022 Common Stock 469 $0.000000 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.