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ADOBE INC. — Director's Dealing 2022
Jan 26, 2022
29815_dirs_2022-01-26_c2aaa424-a190-4537-94a8-927ff94c6b2e.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: Durn Daniel (EVP & CFO)
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 |
Footnotes
F1: 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.
F2: 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.
F3: Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
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