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ADOBE INC. — Director's Dealing 2023
Jan 26, 2023
29815_dirs_2023-01-26_8be3fa87-4183-48c3-8a52-1aeb03d417d2.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: 2023-01-24
Reporting Person: Lewnes Ann (EVP, CMO, Corp Strategy & Dev)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-24 | Common Stock | M | 5448 | — | Acquired | 30230.0511 | Direct |
| 2023-01-24 | Common Stock | F | 2459 | $361.32 | Disposed | 27771.0511 | Direct |
| 2023-01-24 | Common Stock | M | 613 | — | Acquired | 28384.0511 | Direct |
| 2023-01-24 | Common Stock | F | 230 | $361.32 | Disposed | 28154.0511 | Direct |
| 2023-01-24 | Common Stock | M | 541 | — | Acquired | 28695.0511 | Direct |
| 2023-01-24 | Common Stock | F | 187 | $361.32 | Disposed | 28508.0511 | Direct |
| 2023-01-24 | Common Stock | M | 419 | — | Acquired | 28927.0511 | Direct |
| 2023-01-24 | Common Stock | F | 207 | $361.32 | Disposed | 28720.0511 | Direct |
| 2023-01-24 | Common Stock | M | 1697 | — | Acquired | 30417.0511 | Direct |
| 2023-01-24 | Common Stock | F | 841 | $361.32 | Disposed | 29576.0511 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-24 | Performance Shares | $0.0 | M | 5448 | Disposed | Common Stock (5448.0) | Direct | |
| 2023-01-24 | Restricted Stock Units | $0.0 | M | 613 | Disposed | Common Stock (613.0) | Direct | |
| 2023-01-24 | Restricted Stock Units | $0.0 | M | 541 | Disposed | Common Stock (541.0) | Direct | |
| 2023-01-24 | Restricted Stock Units | $0.0 | M | 419 | Disposed | Common Stock (419.0) | Direct | |
| 2023-01-24 | Restricted Stock Units | $0.0 | M | 1697 | Disposed | Common Stock (1697.0) | 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 63% following the three-year anniversary of the January 24, 2020 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.
F6: Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.