Belsky Scott - 24 Oct 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, CPO, Creative Cloud
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2022
Net transactions value
-$1,192,106
Form type
4
Filing time
26 Oct 2022, 17:47:06 UTC
Previous filing
28 Jul 2022
Next filing
26 Jan 2023
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 +773 +3% $0.000000 26,862 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $135,026 -427 -1.6% $316.22 26,435 24 Oct 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +631 +2.4% $0.000000 27,066 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $110,045 -348 -1.3% $316.22 26,718 24 Oct 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +469 +1.8% $0.000000 27,187 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $81,901 -259 -0.95% $316.22 26,928 24 Oct 2022 Direct F1
transaction ADBE Common Stock Sale $865,134 -2,711 -10% $319.12 24,217 25 Oct 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 -773 -50% $0.000000 774 24 Oct 2022 Common Stock 773 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -631 -17% $0.000000 3,153 24 Oct 2022 Common Stock 631 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -469 -10% $0.000000 4,222 24 Oct 2022 Common Stock 469 $0.000000 Direct F4
* 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 January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
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.