Mark S. Garfield - 22 Jul 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
SVP, CAO & Corp. Controller
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
22 Jul 2022
Net transactions value
-$81,014
Form type
4
Filing time
26 Jul 2022, 17:19:17 UTC
Previous filing
16 Jun 2022
Next filing
16 Sep 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 +36 +1.4% $0.000000 2,563 24 Jul 2022 Direct F1
transaction ADBE Common Stock Tax liability $6,832 -17 -0.66% $401.90 2,546 24 Jul 2022 Direct F2
transaction ADBE Common Stock Options Exercise $0 +101 +4% $0.000000 2,647 24 Jul 2022 Direct
transaction ADBE Common Stock Tax liability $20,095 -50 -1.9% $401.90 2,597 24 Jul 2022 Direct F2
transaction ADBE Common Stock Sale $54,087 -132 -5.1% $409.75 2,465 22 Jul 2022 Direct

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 -36 -14% $0.000000 216 24 Jul 2022 Common Stock 36 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -101 -9.1% $0.000000 1,005 24 Jul 2022 Common Stock 101 $0.000000 Direct F4
* 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 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.