Mark S. Garfield - 15 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
15 Dec 2022
Net transactions value
-$84,478
Form type
4
Filing time
15 Dec 2022, 18:39:40 UTC
Previous filing
06 Dec 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 +62 +2% $0.000000 3,201 15 Dec 2022 Direct
transaction ADBE Common Stock Tax liability $9,861 -30 -0.94% $328.71 3,171 15 Dec 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +459 +14% $0.000000 3,630 15 Dec 2022 Direct
transaction ADBE Common Stock Tax liability $74,617 -227 -6.3% $328.71 3,403 15 Dec 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 -62 -10% $0.000000 558 15 Dec 2022 Common Stock 62 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -459 -10% $0.000000 4,125 15 Dec 2022 Common Stock 459 $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 25% on the first anniversary of the March 15, 2021 vesting commencement date and then 6.25% quarterly thereafter.