Mark S. Garfield - 15 Sep 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
15 Sep 2022
Net transactions value
-$79,446
Form type
4
Filing time
16 Sep 2022, 17:05:00 UTC
Previous filing
26 Jul 2022
Next filing
20 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 +62 +2.5% $0.000000 2,527 15 Sep 2022 Direct
transaction ADBE Common Stock Tax liability $9,274 -30 -1.2% $309.13 2,497 15 Sep 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +458 +18% $0.000000 2,955 15 Sep 2022 Direct
transaction ADBE Common Stock Tax liability $70,173 -227 -7.7% $309.13 2,728 15 Sep 2022 Direct F1

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 -62 -9.1% $0.000000 620 15 Sep 2022 Common Stock 62 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -458 -9.1% $0.000000 4,584 15 Sep 2022 Common Stock 458 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares surrendered to pay tax liability due at vesting.
F2 Vests 25% on the first anniversary of the March 15, 2021 vesting commencement date and then 6.25% quarterly thereafter.