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

Role
Chairman and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Jul 2022
Net transactions value
-$1,124,114
Form type
4
Filing time
26 Jul 2022, 17:19:40 UTC
Previous filing
05 Jul 2022
Next filing
03 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 +2,578 +0.62% $0.000000 420,754 24 Jul 2022 by trust F1
transaction ADBE Common Stock Tax liability $513,628 -1,278 -0.3% $401.90 419,476 24 Jul 2022 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,757 +0.42% $0.000000 421,233 24 Jul 2022 by trust F1
transaction ADBE Common Stock Tax liability $350,055 -871 -0.21% $401.90 420,362 24 Jul 2022 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,307 +0.31% $0.000000 421,669 24 Jul 2022 by trust F1
transaction ADBE Common Stock Tax liability $260,431 -648 -0.15% $401.90 421,021 24 Jul 2022 by trust F1, F2
holding ADBE Common Stock 119 24 Jul 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 -2,578 -33% $0.000000 5,156 24 Jul 2022 Common Stock 2,578 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -1,757 -14% $0.000000 10,540 24 Jul 2022 Common Stock 1,757 $0.000000 Direct F5
transaction ADBE Restricted Stock Units Options Exercise $0 -1,307 -9.1% $0.000000 13,069 24 Jul 2022 Common Stock 1,307 $0.000000 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.