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

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Jul 2022
Net transactions value
-$193,716
Form type
4
Filing time
26 Jul 2022, 17:19:10 UTC
Previous filing
31 May 2022
Next filing
31 Aug 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 +258 +1.5% $0.000000 17,791 24 Jul 2022 Direct F1
transaction ADBE Common Stock Tax liability $51,041 -127 -0.71% $401.90 17,664 24 Jul 2022 Direct F2
transaction ADBE Common Stock Options Exercise $0 +315 +1.8% $0.000000 17,979 24 Jul 2022 Direct
transaction ADBE Common Stock Tax liability $62,696 -156 -0.87% $401.90 17,823 24 Jul 2022 Direct F2
transaction ADBE Common Stock Options Exercise $0 +402 +2.3% $0.000000 18,225 24 Jul 2022 Direct
transaction ADBE Common Stock Tax liability $79,978 -199 -1.1% $401.90 18,026 24 Jul 2022 Direct F2
holding ADBE Common Stock 667 24 Jul 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% $0.000000 516 24 Jul 2022 Common Stock 258 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -315 -14% $0.000000 1,892 24 Jul 2022 Common Stock 315 $0.000000 Direct F5
transaction ADBE Restricted Stock Units Options Exercise $0 -402 -9.1% $0.000000 4,021 24 Jul 2022 Common Stock 402 $0.000000 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.