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

Role: President, DX
Signature: /s/ Allison Blais, as attorney-in-fact
Stock symbol: ADBE
Transactions as of: Apr 24, 2023
Transactions value $: -$225,272
Form type: 4
Date filed: 4/26/2023, 04:46 PM
Previous filing: Apr 18, 2023
Next filing: May 16, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADBE	Common Stock	Options Exercise	$0	+603	+2.37%	$0.00	26K	Apr 24, 2023	Direct
transaction	ADBE	Common Stock	Tax liability	-$112K	-298	-1.15%	$377.34	25.7K	Apr 24, 2023	Direct	F1
transaction	ADBE	Common Stock	Options Exercise	$0	+605	+2.35%	$0.00	26.3K	Apr 24, 2023	Direct
transaction	ADBE	Common Stock	Tax liability	-$113K	-299	-1.14%	$377.34	26K	Apr 24, 2023	Direct	F1

Showing 1 to 4 of 4 entries

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	-603	-12.49%	$0.00	4.22K	Apr 24, 2023	Common Stock	603	$0.00	Direct	F2
transaction	ADBE	Restricted Stock Units	Options Exercise	$0	-605	-8.32%	$0.00	6.67K	Apr 24, 2023	Common Stock	605	$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	Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F3	Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.