Mark S. Garfield - Dec 3, 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
SVP & CAO
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Dec 3, 2022
Transactions value $
-$476,323
Form type
4
Date filed
12/6/2022, 03:35 PM
Previous filing
Oct 26, 2022
Next filing
Dec 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +1.88K +70.44% $0.00 4.54K Dec 3, 2022 Direct
transaction ADBE Common Stock Tax liability -$318K -931 -20.49% $341.53 3.61K Dec 3, 2022 Direct F1
transaction ADBE Common Stock Sale -$158K -474 -13.12% $334.09 3.14K Dec 6, 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 -1.88K -100% $0.00* 0 Dec 3, 2022 Common Stock 1.88K $0.00 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.