Home > Insider Trading > Filing (0000796343-20-000034)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
796343	Adobe Inc.	ADBE	Services-Prepackaged Software (7372)	770019522

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1647550	Abhay Parasnis	Adobe Inc. 345 Park Avenue San Jose CA 95110	Evp & Cto	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2020-01-24	47,210	$0.00	89,690	No	4	M	Direct
Common Stock	Disposition	2020-01-24	23,406	$351.37	66,284	No	4	F	Direct
Common Stock	Acquisiton	2020-01-24	7,868	$0.00	74,152	No	4	M	Direct
Common Stock	Disposition	2020-01-24	3,488	$351.37	70,664	No	4	F	Direct
Common Stock	Acquisiton	2020-01-24	5,113	$0.00	75,777	No	4	M	Direct
Common Stock	Disposition	2020-01-24	2,535	$351.37	73,242	No	4	F	Direct
Common Stock	Acquisiton	2020-01-24	3,094	$0.00	76,336	No	4	M	Direct
Common Stock	Disposition	2020-01-24	1,534	$351.37	74,802	No	4	F	Direct
Common Stock	Disposition	2020-01-28	40,000	$350.00	34,802	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance Shares	Disposition	2020-01-24	47,210	$0.00	47,210	$0.00
Common Stock	Restricted Stock Units	Disposition	2020-01-24	7,868	$0.00	7,868	$0.00
Common Stock	Restricted Stock Units	Disposition	2020-01-24	5,113	$0.00	5,113	$0.00
Common Stock	Restricted Stock Units	Disposition	2020-01-24	3,094	$0.00	3,094	$0.00
Common Stock	Performance Shares	Acquisiton	2020-01-27	20,180	$0.00	20,180	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2020-01-27	10,090	$0.00	10,090	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	No	4	M	Direct
0	No	4	M	Direct
5,113	No	4	M	Direct
9,281	No	4	M	Direct
20,180	No	5	A	Direct
10,090	No	4	A	Direct

Footnotes

Shares surrendered to pay tax liability due at vesting.
This transaction was executed in multiple trades at prices ranging from $350.00 to $350.01. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
The Performance Shares vested in full upon the certification of performance goal achievement at 200% following the three-year anniversary of the January 24, 2017 vesting commencement date.
Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2017 vesting commencement date.
Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2018 vesting commencement date.
Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
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.
The Performance Shares will vest in full upon the certification of performance goal achievement following the three-year anniversary of the January 24, 2020 vesting commencement date if the performance goal is achieved.
Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.