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

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jul 24, 2022
Transactions value $
-$193,716
Form type
4
Date filed
7/26/2022, 05:19 PM
Previous filing
May 31, 2022
Next filing
Aug 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +258 +1.47% $0.00 17.8K Jul 24, 2022 Direct F1
transaction ADBE Common Stock Tax liability -$51K -127 -0.71% $401.90 17.7K Jul 24, 2022 Direct F2
transaction ADBE Common Stock Options Exercise $0 +315 +1.78% $0.00 18K Jul 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$62.7K -156 -0.87% $401.90 17.8K Jul 24, 2022 Direct F2
transaction ADBE Common Stock Options Exercise $0 +402 +2.26% $0.00 18.2K Jul 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$80K -199 -1.09% $401.90 18K Jul 24, 2022 Direct F2
holding ADBE Common Stock 667 Jul 24, 2022 Trust F3

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 -258 -33.33% $0.00 516 Jul 24, 2022 Common Stock 258 $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -315 -14.27% $0.00 1.89K Jul 24, 2022 Common Stock 315 $0.00 Direct F5
transaction ADBE Restricted Stock Units Options Exercise $0 -402 -9.09% $0.00 4.02K Jul 24, 2022 Common Stock 402 $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 51.5102 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 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
F4 Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
F5 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F6 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.