Mark S. Garfield - Mar 15, 2023 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
Mar 15, 2023
Transactions value $
-$85,738
Form type
4
Date filed
3/16/2023, 04:43 PM
Previous filing
Jan 26, 2023
Next filing
Mar 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +62 +1.78% $0.00 3.54K Mar 15, 2023 Direct
transaction ADBE Common Stock Tax liability -$10K -30 -0.85% $333.61 3.51K Mar 15, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +458 +13.04% $0.00 3.97K Mar 15, 2023 Direct
transaction ADBE Common Stock Tax liability -$75.7K -227 -5.72% $333.61 3.74K Mar 15, 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 -11.11% $0.00 496 Mar 15, 2023 Common Stock 62 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -458 -11.1% $0.00 3.67K Mar 15, 2023 Common Stock 458 $0.00 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.