Scott Belsky - Apr 24, 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, CPO, Creative Cloud
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2023
Transactions value $
-$355,454
Form type
4
Date filed
4/26/2023, 04:45 PM
Previous filing
Apr 18, 2023
Next filing
May 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +631 +2.34% $0.00 27.6K Apr 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$132K -349 -1.27% $377.34 27.2K Apr 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +469 +1.72% $0.00 27.7K Apr 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$97.7K -259 -0.94% $377.34 27.4K Apr 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +605 +2.21% $0.00 28K Apr 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$126K -334 -1.19% $377.34 27.7K Apr 24, 2023 Direct F1

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 -631 -25.01% $0.00 1.89K Apr 24, 2023 Common Stock 631 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -469 -12.5% $0.00 3.28K Apr 24, 2023 Common Stock 469 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -605 -8.32% $0.00 6.67K Apr 24, 2023 Common Stock 605 $0.00 Direct F4
* 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 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.