Mark S. Garfield - 03 Dec 2021 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
03 Dec 2021
Net transactions value
-$573,989
Form type
4
Filing time
06 Dec 2021, 15:59:17 UTC
Previous filing
26 Oct 2021
Next filing
21 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +1,879 +297% $0.000000 2,513 03 Dec 2021 Direct
transaction ADBE Common Stock Tax liability $573,989 -931 -37% $616.53 1,582 03 Dec 2021 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 -1,879 -50% $0.000000 1,878 03 Dec 2021 Common Stock 1,879 $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 at a rate of 1/4 annually on the first, second, third and fourth anniversaries of the December 3, 2018 grant date.