Gloria Chen - 24 Oct 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2022
Net transactions value
-$152,418
Form type
4
Filing time
26 Oct 2022, 17:47:47 UTC
Previous filing
31 Aug 2022
Next filing
01 Dec 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 +258 +1.4% $0.000000 18,397 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $40,160 -127 -0.69% $316.22 18,270 24 Oct 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +315 +1.7% $0.000000 18,585 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $49,330 -156 -0.84% $316.22 18,429 24 Oct 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +402 +2.2% $0.000000 18,831 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $62,928 -199 -1.1% $316.22 18,632 24 Oct 2022 Direct F1
holding ADBE Common Stock 667 24 Oct 2022 Trust 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 -258 -50% $0.000000 258 24 Oct 2022 Common Stock 258 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -315 -17% $0.000000 1,577 24 Oct 2022 Common Stock 315 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -402 -10% $0.000000 3,619 24 Oct 2022 Common Stock 402 $0.000000 Direct F5
* 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 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
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.