Shantanu Narayen - 24 Oct 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Chairman and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2022
Net transactions value
-$884,467
Form type
4
Filing time
26 Oct 2022, 17:48:54 UTC
Previous filing
03 Oct 2022
Next filing
03 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 +2,578 +0.61% $0.000000 423,599 24 Oct 2022 by trust F1
transaction ADBE Common Stock Tax liability $404,129 -1,278 -0.3% $316.22 422,321 24 Oct 2022 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,757 +0.42% $0.000000 424,078 24 Oct 2022 by trust F1
transaction ADBE Common Stock Tax liability $275,428 -871 -0.21% $316.22 423,207 24 Oct 2022 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,307 +0.31% $0.000000 424,514 24 Oct 2022 by trust F1
transaction ADBE Common Stock Tax liability $204,911 -648 -0.15% $316.22 423,866 24 Oct 2022 by trust F1, F2
holding ADBE Common Stock 119 24 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 -2,578 -50% $0.000000 2,578 24 Oct 2022 Common Stock 2,578 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1,757 -17% $0.000000 8,783 24 Oct 2022 Common Stock 1,757 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -1,307 -10% $0.000000 11,762 24 Oct 2022 Common Stock 1,307 $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 held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
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.