Mark S. Garfield - 03 Dec 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
SVP & CAO
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
03 Dec 2022
Net transactions value
-$476,323
Form type
4
Filing time
06 Dec 2022, 15:35:40 UTC
Previous filing
26 Oct 2022
Next filing
15 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 +1,878 +70% $0.000000 4,544 03 Dec 2022 Direct
transaction ADBE Common Stock Tax liability $317,964 -931 -20% $341.53 3,613 03 Dec 2022 Direct F1
transaction ADBE Common Stock Sale $158,359 -474 -13% $334.09 3,139 06 Dec 2022 Direct F2

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 -1,878 -100% $0.000000* 0 03 Dec 2022 Common Stock 1,878 $0.000000 Direct F3
* 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person April 22, 2022.
F3 Vests at a rate of 1/4 annually on the first, second, third and fourth anniversaries of the December 3, 2018 grant date.