Gloria Chen - Apr 15, 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 15, 2023
Transactions value $
-$144,544
Form type
4
Date filed
4/18/2023, 05:15 PM
Previous filing
Mar 1, 2023
Next filing
Apr 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +769 +3.46% $0.00 23K Apr 15, 2023 Direct
transaction ADBE Common Stock Tax liability -$145K -381 -1.66% $379.38 22.6K Apr 15, 2023 Direct F1
holding ADBE Common Stock 667 Apr 15, 2023 Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADBE Restricted Stock Units Options Exercise $0 -769 -6.25% $0.00 11.5K Apr 15, 2023 Common Stock 769 $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares surrendered to pay tax liability due at vesting.
F2 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
F3 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.