Anil Chakravarthy - Jan 9, 2022 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
President, DX
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jan 9, 2022
Transactions value $
-$2,797,104
Form type
4
Date filed
1/10/2022, 04:33 PM
Previous filing
Oct 27, 2021
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +11K +194.86% $0.00 16.7K Jan 9, 2022 Direct F1
transaction ADBE Common Stock Tax liability -$2.8M -5.48K -32.85% $510.70 11.2K Jan 9, 2022 Direct 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 -11K -50% $0.00 11K Jan 9, 2022 Common Stock 11K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares previously understated by 0.8427 due to administrative error.
F2 Shares surrendered to pay tax liability due at vesting.
F3 Vests at a rate of 1/3 annually on the first, second, and third anniversaries of the January 9, 2020 vesting commencement date.