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

Role
EVP, CPO, Creative Cloud
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Oct 24, 2022
Transactions value $
-$1,192,106
Form type
4
Date filed
10/26/2022, 05:47 PM
Previous filing
Jul 28, 2022
Next filing
Jan 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +773 +2.96% $0.00 26.9K Oct 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$135K -427 -1.59% $316.22 26.4K Oct 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +631 +2.39% $0.00 27.1K Oct 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$110K -348 -1.29% $316.22 26.7K Oct 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +469 +1.76% $0.00 27.2K Oct 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$81.9K -259 -0.95% $316.22 26.9K Oct 24, 2022 Direct F1
transaction ADBE Common Stock Sale -$865K -2.71K -10.07% $319.12 24.2K Oct 25, 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 -49.97% $0.00 774 Oct 24, 2022 Common Stock 773 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -631 -16.68% $0.00 3.15K Oct 24, 2022 Common Stock 631 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -469 -10% $0.00 4.22K Oct 24, 2022 Common Stock 469 $0.00 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.