Abhay Parasnis - 24 Jan 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Jan 2022, 16:13:18 UTC
Prior SEC filing
26 Oct 2021
Next SEC filing
29 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Allison Blais, as attorney-in-fact

Key filing fact

Abhay Parasnis filed Form 4 for ADOBE INC. (ADBE) on 26 Jan 2022.

Key facts

  • This page summarizes Abhay Parasnis's Form 4 filing for ADOBE INC. (ADBE).
  • 12 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 26 Jan 2022, 16:13.

Change

  • Previous filing in this sequence was filed on 26 Oct 2021.
  • Current net transaction value: -$6,056,637.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ADBE transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+20,790
Change %
+63%
Price
$0.000000
Shares after
53,737
Date
24 Jan 2022
Ownership
Direct
ADBE transaction

Common Stock

Tax liability

Transaction value
$5,266,754
Shares
-10,135
Change %
-19%
Price
$519.66
Shares after
43,602
Date
24 Jan 2022
Ownership
Direct
Footnotes
F1
ADBE transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+774
Change %
+1.8%
Price
$0.000000
Shares after
44,376
Date
24 Jan 2022
Ownership
Direct
ADBE transaction

Common Stock

Tax liability

Transaction value
$144,465
Shares
-278
Change %
-0.63%
Price
$519.66
Shares after
44,098
Date
24 Jan 2022
Ownership
Direct
Footnotes
F1
ADBE transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+631
Change %
+1.4%
Price
$0.000000
Shares after
44,729
Date
24 Jan 2022
Ownership
Direct
ADBE transaction

Common Stock

Tax liability

Transaction value
$162,134
Shares
-312
Change %
-0.7%
Price
$519.66
Shares after
44,417
Date
24 Jan 2022
Ownership
Direct
Footnotes
F1
ADBE transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,877
Change %
+4.2%
Price
$0.000000
Shares after
46,294
Date
24 Jan 2022
Ownership
Direct
ADBE transaction

Common Stock

Tax liability

Transaction value
$483,284
Shares
-930
Change %
-2%
Price
$519.66
Shares after
45,364
Date
24 Jan 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ADBE transaction Derivative

Performance Shares

Options Exercise

Transaction value
$0
Shares
-20,790
Change %
-100%
Price
$0.000000*
Shares after
0
Date
24 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,790
Exercise price
$0.000000
Footnotes
F2
ADBE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-774
Change %
-20%
Price
$0.000000
Shares after
3,094
Date
24 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
774
Exercise price
$0.000000
Footnotes
F3
ADBE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-631
Change %
-11%
Price
$0.000000
Shares after
5,045
Date
24 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
631
Exercise price
$0.000000
Footnotes
F4
ADBE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,877
Change %
-25%
Price
$0.000000
Shares after
5,629
Date
24 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,877
Exercise price
$0.000000
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Shares surrendered to pay tax liability due at vesting.

Footnote F2

The Performance Shares vested in full upon the certification of performance goal achievement at 168% following the three-year anniversary of the January 24, 2019 vesting commencement date.

Footnote F3

Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.

Footnote F4

Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.

Footnote F5

Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.

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