Mark S. Garfield - 15 Mar 2023 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 Mar 2023
Net transactions value
-$85,738
Form type
4
Filing time
16 Mar 2023, 16:43:18 UTC
Previous filing
26 Jan 2023
Next filing
21 Mar 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 +62 +1.8% $0.000000 3,541 15 Mar 2023 Direct
transaction ADBE Common Stock Tax liability $10,008 -30 -0.85% $333.61 3,511 15 Mar 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +458 +13% $0.000000 3,969 15 Mar 2023 Direct
transaction ADBE Common Stock Tax liability $75,729 -227 -5.7% $333.61 3,742 15 Mar 2023 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 -11% $0.000000 496 15 Mar 2023 Common Stock 62 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -458 -11% $0.000000 3,667 15 Mar 2023 Common Stock 458 $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.