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
  1. Shares surrendered to pay tax liability due at vesting.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. 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.
  11. 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.
  12. 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.
  13. Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
  14. Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
  15. Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
  16. 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.
  17. 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.
  18. Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.