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ADOBE INC. — Director's Dealing 2021
Apr 27, 2021
29815_dirs_2021-04-27_2734d973-58fe-48e2-aecc-f27817934ef8.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: Chen Gloria (EVP, Chief People Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-24 | Common Stock | M | 257 | — | Acquired | 11558 | Direct |
| 2021-04-24 | Common Stock | F | 127 | $515.84 | Disposed | 11431 | Direct |
| 2021-04-24 | Common Stock | M | 315 | — | Acquired | 11746 | Direct |
| 2021-04-24 | Common Stock | F | 156 | $515.84 | Disposed | 11590 | Direct |
| 2021-04-26 | Common Stock | S | 43 | $513.57 | Disposed | 11547 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-24 | Restricted Stock Units | $0.0 | M | 257 | Disposed | Common Stock (257.0) | Direct | |
| 2021-04-24 | Restricted Stock Units | $0.0 | M | 315 | Disposed | Common Stock (315.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 667 | Indirect |
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 December 22, 2020.
F3: Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
F4: Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
F5: Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.