ADOBE INC. — Director's Dealing 2022

Jan 26, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2022-01-24

Reporting Person: Parasnis Abhay (EVP, CTO, Document Cloud)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-24	Common Stock	M	20790	—	Acquired	53736.754	Direct
2022-01-24	Common Stock	F	10135	$519.66	Disposed	43601.754	Direct
2022-01-24	Common Stock	M	774	—	Acquired	44375.754	Direct
2022-01-24	Common Stock	F	278	$519.66	Disposed	44097.754	Direct
2022-01-24	Common Stock	M	631	—	Acquired	44728.754	Direct
2022-01-24	Common Stock	F	312	$519.66	Disposed	44416.754	Direct
2022-01-24	Common Stock	M	1877	—	Acquired	46293.754	Direct
2022-01-24	Common Stock	F	930	$519.66	Disposed	45363.754	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-24	Performance Shares	$0.0	M	20790	Disposed		Common Stock (20790.0)	Direct
2022-01-24	Restricted Stock Units	$0.0	M	774	Disposed		Common Stock (774.0)	Direct
2022-01-24	Restricted Stock Units	$0.0	M	631	Disposed		Common Stock (631.0)	Direct
2022-01-24	Restricted Stock Units	$0.0	M	1877	Disposed		Common Stock (1877.0)	Direct

Footnotes

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 168% following the three-year anniversary of the January 24, 2019 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.