Filing Details
- Accession Number:
- 0000796343-22-000048
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-01-26 17:12:50
- Reporting Period:
- 2022-01-24
- Accepted Time:
- 2022-01-26 17:12:50
- 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 |
---|---|---|---|---|---|---|---|
1597445 | Ann Lewnes | Adobe Inc. 345 Park Avenue San Jose CA 95110 | Evp, Cmo, Corp Strategy & Dev | 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 | 2022-01-24 | 16,458 | $0.00 | 42,130 | No | 4 | M | Direct | |
Common Stock | Disposition | 2022-01-24 | 7,963 | $0.00 | 34,167 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2022-01-24 | 613 | $0.00 | 34,780 | No | 4 | M | Direct | |
Common Stock | Disposition | 2022-01-24 | 223 | $0.00 | 34,557 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2022-01-24 | 541 | $0.00 | 35,098 | No | 4 | M | Direct | |
Common Stock | Disposition | 2022-01-24 | 268 | $0.00 | 34,830 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2022-01-24 | 1,676 | $0.00 | 36,506 | No | 4 | M | Direct | |
Common Stock | Disposition | 2022-01-24 | 830 | $0.00 | 35,676 | No | 4 | F | Direct | |
Common Stock | Disposition | 2022-01-25 | 140 | $503.92 | 35,536 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-01-25 | 778 | $504.92 | 34,758 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-01-25 | 2,691 | $506.08 | 32,067 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-01-25 | 2,290 | $507.06 | 29,777 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-01-25 | 1,765 | $508.09 | 28,012 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-01-25 | 640 | $509.24 | 27,372 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-01-25 | 600 | $510.41 | 26,772 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-01-25 | 700 | $511.20 | 26,072 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-01-25 | 100 | $511.96 | 25,972 | No | 4 | S | Direct | |
Common Stock | Disposition | 2022-01-25 | 300 | $513.21 | 25,672 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
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 | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | 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 | 2022-01-24 | 16,458 | $0.00 | 16,458 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2022-01-24 | 613 | $0.00 | 613 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2022-01-24 | 541 | $0.00 | 541 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2022-01-24 | 1,676 | $0.00 | 1,676 | $0.00 |
Common Stock | Performance Shares | Acquisiton | 2022-01-24 | 13,572 | $0.00 | 13,572 | $0.00 |
Common Stock | Restricted Stock Units | Acquisiton | 2022-01-24 | 6,786 | $0.00 | 6,786 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | No | 4 | M | Direct | ||
2,449 | No | 4 | M | Direct | ||
4,324 | No | 4 | M | Direct | ||
5,026 | No | 4 | M | Direct | ||
13,572 | No | 5 | A | Direct | ||
6,786 | No | 4 | A | Direct |
Footnotes
- Shares surrendered to pay tax liability due at vesting.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person April 30, 2021.
- This transaction was executed in multiple trades at prices ranging from $503.39 to $504.35. 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.
- This transaction was executed in multiple trades at prices ranging from $504.44 to $505.43. 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.
- This transaction was executed in multiple trades at prices ranging from $505.47 to $506.4. 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.
- This transaction was executed in multiple trades at prices ranging from $506.53 to $507.5. 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.
- This transaction was executed in multiple trades at prices ranging from $507.72 to $508.7. 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.
- This transaction was executed in multiple trades at prices ranging from $508.755 to $509.61. 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.
- This transaction was executed in multiple trades at prices ranging from $509.85 to $510.72. 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.
- This transaction was executed in multiple trades at prices ranging from $510.96 to $511.5. 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.
- This transaction was executed in multiple trades at prices ranging from $513.09 to $513.36. 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 168% following the three-year anniversary of the January 24, 2019 vesting commencement date.
- Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
- Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
- Vests 25% on the first anniversary of the January 24, 2021 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 achievements following the three-year anniversary of the January 24, 2022 vesting commencement date if the performance goals are achieved.
- Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.