David Wadhwani - 14 Jun 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role: President, Digital Media
Signature: /s/ Allison Blais, as attorney-in-fact
Issuer symbol: ADBE
Transactions as of: 14 Jun 2022
Net transactions value: -$1,328,648
Form type: 4
Filing time: 16 Jun 2022, 16:31:14 UTC
Previous filing: 26 Jan 2022
Next filing: 16 Sep 2022
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	+7,732		$0.000000	7,732	14 Jun 2022	Direct
transaction	ADBE	Common Stock	Tax liability	$1,328,648	-3,583	-46%	$370.82	4,149	14 Jun 2022	Direct	F1
holding	ADBE	Common Stock						355	14 Jun 2022	By Trust	F2

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	-7,732	-25%	$0.000000	23,193	14 Jun 2022	Common Stock	7,732	$0.000000	Direct	F3

* 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	All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006 of which the reporting person is a trustee with exception of 92 shares in trust for the benefit of Mr. Wadhwani's children.
F3	Vests 25% on the first anniversary of the June 14, 2021 vesting commencement date and then 6.25% quarterly thereafter.