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

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2022
Net transactions value
-$208,705
Form type
4
Filing time
26 Oct 2022, 17:49:26 UTC
Previous filing
26 Jul 2022
Next filing
20 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 +516 +2.7% $0.000000 19,692 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $80,636 -255 -1.3% $316.22 19,437 24 Oct 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +450 +2.3% $0.000000 19,887 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $70,517 -223 -1.1% $316.22 19,664 24 Oct 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +368 +1.9% $0.000000 20,032 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $57,552 -182 -0.91% $316.22 19,850 24 Oct 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% $0.000000 516 24 Oct 2022 Common Stock 516 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -450 -17% $0.000000 2,253 24 Oct 2022 Common Stock 450 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -368 -10% $0.000000 3,318 24 Oct 2022 Common Stock 368 $0.000000 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.