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ADOBE INC. — Director's Dealing 2021
Apr 27, 2021
29815_dirs_2021-04-27_abd8ba0d-0294-4e07-89a5-6c248d0bc903.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2021-04-24
Reporting Person: Murphy John Francis (EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-24 | Common Stock | M | 774 | — | Acquired | 22790 | Direct |
| 2021-04-24 | Common Stock | F | 383 | $515.84 | Disposed | 22407 | Direct |
| 2021-04-24 | Common Stock | M | 630 | — | Acquired | 23037 | Direct |
| 2021-04-24 | Common Stock | F | 312 | $515.84 | Disposed | 22725 | Direct |
| 2021-04-26 | Common Stock | S | 968 | $511.3082 | Disposed | 21757 | Direct |
| 2021-04-26 | Common Stock | S | 2282 | $513.4014 | Disposed | 19475 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-24 | Restricted Stock Units | $0.0 | M | 774 | Disposed | Common Stock (774.0) | Direct | |
| 2021-04-24 | Restricted Stock Units | $0.0 | M | 630 | Disposed | Common Stock (630.0) | Direct |
Footnotes
F1: Shares surrendered to pay tax liability due at vesting.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person April 17, 2020.
F3: This transaction was executed in multiple trades at prices ranging from $511.04 to $511.82. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F4: This transaction was executed in multiple trades at prices ranging from $512.955 to $513.85. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F5: Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
F6: Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.