Mark S. Garfield - 24 Apr 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
24 Apr 2023
Net transactions value
-$41,507
Form type
4
Filing time
26 Apr 2023, 16:46:41 UTC
Previous filing
18 Apr 2023
Next filing
20 Jun 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 +36 +0.97% $0.000000 3,742 24 Apr 2023 Direct
transaction ADBE Common Stock Tax liability $6,415 -17 -0.45% $377.34 3,725 24 Apr 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +100 +2.7% $0.000000 3,825 24 Apr 2023 Direct
transaction ADBE Common Stock Tax liability $18,490 -49 -1.3% $377.34 3,776 24 Apr 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +90 +2.4% $0.000000 3,866 24 Apr 2023 Direct
transaction ADBE Common Stock Tax liability $16,603 -44 -1.1% $377.34 3,822 24 Apr 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 -36 -25% $0.000000 108 24 Apr 2023 Common Stock 36 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -100 -12% $0.000000 704 24 Apr 2023 Common Stock 100 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -90 -8.2% $0.000000 1,001 24 Apr 2023 Common Stock 90 $0.000000 Direct F4
* 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 January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.