Daniel Durn - 15 Nov 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role: EVP & CFO
Signature: /s/ Allison Blais, as attorney-in-fact
Issuer symbol: ADBE
Transactions as of: 15 Nov 2022
Net transactions value: -$694,688
Form type: 4
Filing time: 16 Nov 2022, 16:19:25 UTC
Previous filing: 23 Sep 2022
Next filing: 26 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	+3,837	+43%	$0.000000	12,785	15 Nov 2022	Direct
transaction	ADBE	Common Stock	Tax liability	$694,688	-2,008	-16%	$345.96	10,777	15 Nov 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 Unit	Options Exercise	$0	-3,837	-11%	$0.000000	30,693	15 Nov 2022	Common Stock	3,837	$0.000000	Direct	F2

* 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 quarterly for three years from the November 15, 2021 vesting commencement date.