Filing Details

Accession Number:
0000796343-20-000037
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-01-28 19:33:31
Reporting Period:
2020-01-24
Accepted Time:
2020-01-28 19:33:31
SEC Url:
Form 4 Filing
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
1598108 Donna Morris Adobe Inc.
345 Park Avenue
San Jose CA 95110
Evp, Chro, Employee Experience 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 Explanation
Common Stock Acquisiton 2020-01-24 37,770 $0.00 77,733 No 4 M Indirect by trust
Common Stock Disposition 2020-01-24 18,726 $351.37 59,007 No 4 F Indirect by trust
Common Stock Acquisiton 2020-01-24 6,295 $0.00 65,302 No 4 M Indirect by trust
Common Stock Disposition 2020-01-24 3,136 $351.37 62,166 No 4 F Indirect by trust
Common Stock Acquisiton 2020-01-24 4,048 $0.00 66,214 No 4 M Indirect by trust
Common Stock Disposition 2020-01-24 2,006 $351.37 64,208 No 4 F Indirect by trust
Common Stock Acquisiton 2020-01-24 2,450 $0.00 66,658 No 4 M Indirect by trust
Common Stock Disposition 2020-01-24 1,214 $351.37 65,444 No 4 F Indirect by trust
Common Stock Disposition 2020-01-28 13,108 $347.74 52,336 No 4 S Indirect by trust
Common Stock Disposition 2020-01-28 12,373 $348.61 39,963 No 4 S Indirect by trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect by trust
No 4 F Indirect by trust
No 4 M Indirect by trust
No 4 F Indirect by trust
No 4 M Indirect by trust
No 4 F Indirect by trust
No 4 M Indirect by trust
No 4 F Indirect by trust
No 4 S Indirect by trust
No 4 S Indirect by trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Shares Disposition 2020-01-24 37,770 $0.00 37,770 $0.00
Common Stock Restricted Stock Units Disposition 2020-01-24 6,295 $0.00 6,295 $0.00
Common Stock Restricted Stock Units Disposition 2020-01-24 4,048 $0.00 4,048 $0.00
Common Stock Restricted Stock Units Disposition 2020-01-24 2,450 $0.00 2,450 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
0 No 4 M Direct
4,048 No 4 M Direct
7,347 No 4 M Direct
Footnotes
  1. Shares held by The Morris Family Rev Trust.
  2. Shares surrendered to pay tax liability due at vesting.
  3. This transaction was executed in multiple trades at prices ranging from $347.21 to $348.20. 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.
  4. This transaction was executed in multiple trades at prices ranging from $348.21 to $349.10. 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.
  5. 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.
  6. Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2017 vesting commencement date.
  7. Vests at a rate of 1/3 annually on the first, second and third anniversaries of the January 24, 2018 vesting commencement date.
  8. Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.