AI assistant
ADOBE INC. — Director's Dealing 2022
Jan 26, 2022
29815_dirs_2022-01-26_d377e436-3fcc-4133-af86-e7848f6342cd.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ADOBE INC. (ADBE)
CIK: 0000796343
Period of Report: 2022-01-24
Reporting Person: Chakravarthy Anil (President, DX)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-24 | Common Stock | M | 2413 | — | Acquired | 13609.8427 | Direct |
| 2022-01-24 | Common Stock | F | 1196 | $519.66 | Disposed | 12413.8427 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-24 | Restricted Stock Units | $0.0 | M | 2413 | Disposed | Common Stock (2413.0) | Direct | |
| 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: Shares surrendered to pay tax liability due at vesting.
F2: Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F3: 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.
F4: 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.
F5: Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.