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

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Oct 24, 2022
Transactions value $
-$208,705
Form type
4
Date filed
10/26/2022, 05:49 PM
Previous filing
Jul 26, 2022
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +516 +2.69% $0.00 19.7K Oct 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$80.6K -255 -1.29% $316.22 19.4K Oct 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +450 +2.32% $0.00 19.9K Oct 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$70.5K -223 -1.12% $316.22 19.7K Oct 24, 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +368 +1.87% $0.00 20K Oct 24, 2022 Direct
transaction ADBE Common Stock Tax liability -$57.6K -182 -0.91% $316.22 19.9K 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 -516 -50% $0.00 516 Oct 24, 2022 Common Stock 516 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -450 -16.65% $0.00 2.25K Oct 24, 2022 Common Stock 450 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -368 -9.98% $0.00 3.32K Oct 24, 2022 Common Stock 368 $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.