Ann Lewnes - Jan 24, 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, CMO, Corp Strategy & Dev
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jan 24, 2023
Transactions value $
-$1,417,820
Form type
4
Date filed
1/26/2023, 04:02 PM
Previous filing
Oct 26, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +5.45K +21.98% $0.00 30.2K Jan 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$888K -2.46K -8.13% $361.32 27.8K Jan 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +613 +2.21% $0.00 28.4K Jan 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$83.1K -230 -0.81% $361.32 28.2K Jan 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +541 +1.92% $0.00 28.7K Jan 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$67.6K -187 -0.65% $361.32 28.5K Jan 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +419 +1.47% $0.00 28.9K Jan 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$74.8K -207 -0.72% $361.32 28.7K Jan 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +1.7K +5.91% $0.00 30.4K Jan 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$304K -841 -2.76% $361.32 29.6K Jan 24, 2023 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 Performance Shares Options Exercise $0 -5.45K -100% $0.00* 0 Jan 24, 2023 Common Stock 5.45K $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -613 -100% $0.00* 0 Jan 24, 2023 Common Stock 613 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -541 -20.01% $0.00 2.16K Jan 24, 2023 Common Stock 541 $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -419 -11.11% $0.00 3.35K Jan 24, 2023 Common Stock 419 $0.00 Direct F5
transaction ADBE Restricted Stock Units Options Exercise $0 -1.7K -25.01% $0.00 5.09K Jan 24, 2023 Common Stock 1.7K $0.00 Direct F6
* 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 The Performance Shares vested in full upon the certification of performance goal achievement at 63% following the three-year anniversary of the January 24, 2020 vesting commencement date.
F3 Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F5 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F6 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.