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

Role
Chairman and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jul 24, 2022
Transactions value $
-$1,124,114
Form type
4
Date filed
7/26/2022, 05:19 PM
Previous filing
Jul 5, 2022
Next filing
Oct 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +2.58K +0.62% $0.00 421K Jul 24, 2022 by trust F1
transaction ADBE Common Stock Tax liability -$514K -1.28K -0.3% $401.90 419K Jul 24, 2022 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.76K +0.42% $0.00 421K Jul 24, 2022 by trust F1
transaction ADBE Common Stock Tax liability -$350K -871 -0.21% $401.90 420K Jul 24, 2022 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.31K +0.31% $0.00 422K Jul 24, 2022 by trust F1
transaction ADBE Common Stock Tax liability -$260K -648 -0.15% $401.90 421K Jul 24, 2022 by trust F1, F2
holding ADBE Common Stock 119 Jul 24, 2022 Direct 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 -2.58K -33.33% $0.00 5.16K Jul 24, 2022 Common Stock 2.58K $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -1.76K -14.29% $0.00 10.5K Jul 24, 2022 Common Stock 1.76K $0.00 Direct F5
transaction ADBE Restricted Stock Units Options Exercise $0 -1.31K -9.09% $0.00 13.1K Jul 24, 2022 Common Stock 1.31K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
F3 Includes 44.2971 shares acquired on June 30, 2022 pursuant to Adobe's 2020 Employee Stock Purchase Plan.
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.