Mark S. Garfield - Apr 24, 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
Apr 24, 2023
Transactions value $
-$41,507
Form type
4
Date filed
4/26/2023, 04:46 PM
Previous filing
Apr 18, 2023
Next filing
Jun 20, 2023

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% $0.00 3.74K Apr 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$6.41K -17 -0.45% $377.34 3.73K Apr 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +100 +2.68% $0.00 3.83K Apr 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$18.5K -49 -1.28% $377.34 3.78K Apr 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +90 +2.38% $0.00 3.87K Apr 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$16.6K -44 -1.14% $377.34 3.82K Apr 24, 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% $0.00 108 Apr 24, 2023 Common Stock 36 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -100 -12.44% $0.00 704 Apr 24, 2023 Common Stock 100 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -90 -8.25% $0.00 1K Apr 24, 2023 Common Stock 90 $0.00 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.