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ADOBE INC. — Director's Dealing 2022
Jan 26, 2022
29815_dirs_2022-01-26_fff6aabc-8567-48de-ae4c-da93e4a3b917.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: 2022-01-24
Reporting Person: Wadhwani David (President, Digital Media)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-24 | Performance Shares | $0.0 | A | 19388 | Acquired | Common Stock (19388.0) | Direct | |
| 2022-01-24 | Restricted Stock Units | $0.0 | A | 9694 | Acquired | Common Stock (9694.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 355 | Indirect |
Footnotes
F1: All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006 of which the reporting person is a trustee with the exception of 92 shares in trust for the benefit of Mr. Wadhwani's children.
F2: Represents 200% of the target payout (the maximum number of Performance Shares that will be earned, if at all) following the three-year performance period.
F3: The Performance Shares will vest in full upon the certification of performance goal achievements following the three-year anniversary of the January 24, 2022 vesting commencement date if the performance goals are achieved.
F4: Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.