Ann Lewnes - 24 Oct 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, CMO, Corp Strategy & Dev
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2022
Net transactions value
-$245,703
Form type
4
Filing time
26 Oct 2022, 17:48:47 UTC
Previous filing
28 Jul 2022
Next filing
26 Jan 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 +612 +2.6% $0.000000 24,600 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $95,815 -303 -1.2% $316.22 24,297 24 Oct 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +540 +2.2% $0.000000 24,837 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $84,431 -267 -1.1% $316.22 24,570 24 Oct 2022 Direct F1
transaction ADBE Common Stock Options Exercise $0 +419 +1.7% $0.000000 24,989 24 Oct 2022 Direct
transaction ADBE Common Stock Tax liability $65,458 -207 -0.83% $316.22 24,782 24 Oct 2022 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 -612 -50% $0.000000 613 24 Oct 2022 Common Stock 612 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -540 -17% $0.000000 2,703 24 Oct 2022 Common Stock 540 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -419 -10% $0.000000 3,770 24 Oct 2022 Common Stock 419 $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, 2019 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.