Filing Details

Accession Number:
0000796343-23-000015
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-26 16:59:53
Reporting Period:
2023-01-24
Accepted Time:
2023-01-26 16:59:53
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
1674730 Scott Belsky Adobe Inc.
345 Park Avenue
San Jose CA 95110
Evp, Cpo, Creative Cloud 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 2023-01-24 774 $0.00 24,991 No 4 M Direct
Common Stock Disposition 2023-01-24 3,310 $361.32 21,681 No 4 F Direct
Common Stock Acquisiton 2023-01-24 630 $0.00 22,311 No 4 M Direct
Common Stock Disposition 2023-01-24 327 $361.32 21,984 No 4 F Direct
Common Stock Acquisiton 2023-01-24 6,356 $0.00 28,340 No 4 M Direct
Common Stock Disposition 2023-01-24 253 $361.32 28,087 No 4 F Direct
Common Stock Acquisiton 2023-01-24 469 $0.00 28,556 No 4 M Direct
Common Stock Disposition 2023-01-24 259 $361.32 28,297 No 4 F Direct
Common Stock Acquisiton 2023-01-24 2,424 $0.00 30,721 No 4 M Direct
Common Stock Disposition 2023-01-24 1,340 $361.32 29,381 No 4 F Direct
Common Stock Disposition 2023-01-25 2,906 $355.42 26,475 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 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 2023-01-24 6,356 $0.00 6,356 $0.00
Common Stock Restricted Stock Units Disposition 2023-01-24 774 $0.00 774 $0.00
Common Stock Restricted Stock Units Disposition 2023-01-24 630 $0.00 630 $0.00
Common Stock Restricted Stock Units Disposition 2023-01-24 469 $0.00 469 $0.00
Common Stock Restricted Stock Units Disposition 2023-01-24 2,424 $0.00 2,424 $0.00
Common Stock Performance Shares Acquisiton 2023-01-24 31,866 $0.00 31,866 $0.00
Common Stock Restricted Stock Units Acquisiton 2023-01-24 15,933 $0.00 15,933 $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
2,523 No 4 M Direct
3,753 No 4 M Direct
7,270 No 4 M Direct
31,866 No 5 A Direct
15,933 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 on December 22, 2021.
  3. 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.
  4. Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter.
  5. Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
  6. Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
  7. Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
  8. 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.
  9. The Performance Shares will vest in full upon the certification of performance goal achievements following the three-year anniversary of the January 24, 2023 vesting commencement date if the performance goals are achieved.
  10. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.