Dana Rao - 24 Jul 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Jul 2022
Net transactions value
-$265,254
Form type
4
Filing time
26 Jul 2022, 17:19:42 UTC
Previous filing
26 Apr 2022
Next filing
26 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 +515 +2.8% $0.000000 19,017 24 Jul 2022 Direct F1
transaction ADBE Common Stock Tax liability $102,484 -255 -1.3% $401.90 18,762 24 Jul 2022 Direct F2
transaction ADBE Common Stock Options Exercise $0 +450 +2.4% $0.000000 19,212 24 Jul 2022 Direct
transaction ADBE Common Stock Tax liability $89,624 -223 -1.2% $401.90 18,989 24 Jul 2022 Direct F2
transaction ADBE Common Stock Options Exercise $0 +369 +1.9% $0.000000 19,358 24 Jul 2022 Direct
transaction ADBE Common Stock Tax liability $73,146 -182 -0.94% $401.90 19,176 24 Jul 2022 Direct F2

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 -515 -33% $0.000000 1,032 24 Jul 2022 Common Stock 515 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -450 -14% $0.000000 2,703 24 Jul 2022 Common Stock 450 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -369 -9.1% $0.000000 3,686 24 Jul 2022 Common Stock 369 $0.000000 Direct F5
* 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, 2019 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F5 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.