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

Role
EVP, CMO, Corp Strategy & Dev
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Oct 24, 2022
Transactions value $
-$245,703
Form type
4
Date filed
10/26/2022, 05:48 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 +612 +2.55% $0.00 24.6K Oct 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$95.8K -303 -1.23% $316.22 24.3K Oct 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +540 +2.22% $0.00 24.8K Oct 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$84.4K -267 -1.08% $316.22 24.6K Oct 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +419 +1.71% $0.00 25K Oct 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$65.5K -207 -0.83% $316.22 24.8K Oct 24, 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 -612 -49.96% $0.00 613 Oct 24, 2022 Common Stock 612 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -540 -16.65% $0.00 2.7K Oct 24, 2022 Common Stock 540 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -419 -10% $0.00 3.77K Oct 24, 2022 Common Stock 419 $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.