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

Role
President, Digital Media
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 15, 2023
Transactions value $
-$142,647
Form type
4
Date filed
4/18/2023, 05:17 PM
Previous filing
Mar 16, 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 +760 +8.79% $0.00 9.4K Apr 15, 2023 Direct
transaction ADBE Common Stock Tax liability -$143K -376 -4% $379.38 9.03K Apr 15, 2023 Direct F1
holding ADBE Common Stock 355 Apr 15, 2023 By 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 -760 -6.25% $0.00 11.4K Apr 15, 2023 Common Stock 760 $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 All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006 of which the reporting person is a trustee with exception of 92 shares in trust for the benefit of Mr. Wadhwani's children.
F3 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.