Anil Chakravarthy - 24 Jul 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role: President, DX
Signature: /s/ Allison Blais, as attorney-in-fact
Issuer symbol: ADBE
Transactions as of: 24 Jul 2022
Net transactions value: -$119,766
Form type: 4
Filing time: 26 Jul 2022, 17:19:03 UTC
Previous filing: 16 May 2022
Next filing: 26 Oct 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	+603	+4.7%	$0.000000	13,379	24 Jul 2022	Direct	F1
transaction	ADBE	Common Stock	Tax liability	$119,766	-298	-2.2%	$401.90	13,081	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	-603	-9.1%	$0.000000	6,032	24 Jul 2022	Common Stock	603	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 56.8427 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, 2021 vesting commencement date and then 6.25% quarterly thereafter.