Form 4 for ADBE Adobe Inc.
Accepted 2022-01-26 00:00:00 ET · period of report 2022-01-24 · accession 0000796343-22-000049 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-01-26 | 2022-01-24 | ADBE | NARAYEN SHANTANU | COB, CEO, Dir | M - OptEx | $0.00 | +165.5K | 413.1K | +67% | $0 |
| DMI | 2022-01-26 | 2022-01-24 | ADBE | NARAYEN SHANTANU | COB, CEO, Dir | F - Tax | $519.66 | -82.0K | 412.7K | -17% | -$42.64M |
| DM | 2022-01-26 | 2022-01-24 | ADBE | NARAYEN SHANTANU | COB, CEO, Dir | M - OptEx | $0.00 | -165.5K | 0 | -100% | $0 |
| DM | 2022-01-26 | 2022-01-24 | ADBE | NARAYEN SHANTANU | COB, CEO, Dir | A - Grant | $0.00 | +113.7K | 20.1K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-24 | M | A | 103,943 | $0.00 | 435,846 | I by trust | — | — | (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 2 | Common | Common Stock | 2022-01-24 | F | D | 51,534 | $519.66 | 384,312 | I by trust | — | — | (F2) Shares surrendered to pay tax liability due at vesting. (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 3 | Common | Common Stock | 2022-01-24 | M | A | 51,972 | $0.00 | 436,284 | I by trust | — | — | (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 4 | Common | Common Stock | 2022-01-24 | F | D | 25,767 | $519.66 | 410,517 | I by trust | — | — | (F2) Shares surrendered to pay tax liability due at vesting. (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 5 | Common | Common Stock | 2022-01-24 | F | D | 2,592 | $519.66 | 415,331 | I by trust | — | — | (F2) Shares surrendered to pay tax liability due at vesting. (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 6 | Common | Common Stock | 2022-01-24 | F | D | 1,286 | $519.66 | 411,809 | I by trust | — | — | (F2) Shares surrendered to pay tax liability due at vesting. (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 7 | Common | Common Stock | 2022-01-24 | M | A | 1,757 | $0.00 | 413,566 | I by trust | — | — | (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 8 | Common | Common Stock | 2022-01-24 | F | D | 871 | $519.66 | 412,695 | I by trust | — | — | (F2) Shares surrendered to pay tax liability due at vesting. (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 9 | Common | Common Stock | 2022-01-24 | M | A | 5,228 | $0.00 | 417,923 | I by trust | — | — | (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 10 | Common | Common Stock | 2022-01-24 | M | A | 2,578 | $0.00 | 413,095 | I by trust | — | — | (F1) Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee. |
| 11 | Derivative | Restricted Stock Units | 2022-01-24 | M | D | 2,578 | $0.00 | 10,312 | D | $0.00 · — to — | 2,578 Common Stock | (F4) Vests 25% on the first anniversary of the January 24, 2019 vesting commencement date and then 6.25% quarterly thereafter. |
| 12 | Derivative | Restricted Stock Units | 2022-01-24 | M | D | 1,757 | $0.00 | 14,053 | D | $0.00 · — to — | 1,757 Common Stock | (F5) Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter. |
| 13 | Derivative | Restricted Stock Units | 2022-01-24 | M | D | 5,228 | $0.00 | 15,682 | D | $0.00 · — to — | 5,228 Common Stock | (F6) Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter. |
| 14 | Derivative | Performance Shares | 2022-01-24 | A | A | 93,644 | $0.00 | 93,644 | D | $0.00 · — to — | 93,644 Common Stock | (F7) 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. (F8) 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. |
| 15 | Derivative | Restricted Stock Units | 2022-01-24 | A | A | 20,067 | $0.00 | 20,067 | D | $0.00 · — to — | 20,067 Common Stock | (F9) Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter. |
| 16 | Derivative | Performance Shares | 2022-01-24 | M | D | 103,943 | $0.00 | 0 | D | $0.00 · — to — | 103,943 Common Stock | (F3) 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. |
| 17 | Derivative | Performance Shares | 2022-01-24 | M | D | 51,972 | $0.00 | 0 | D | $0.00 · — to — | 51,972 Common Stock | (F3) 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. |