Gloria Chen - 24 Apr 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2023
Net transactions value
-$213,197
Form type
4
Filing time
26 Apr 2023, 16:46:10 UTC
Previous filing
18 Apr 2023
Next filing
31 May 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 +315 +1.4% $0.000000 22,909 24 Apr 2023 Direct
transaction ADBE Common Stock Tax liability $58,865 -156 -0.68% $377.34 22,753 24 Apr 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +402 +1.8% $0.000000 23,155 24 Apr 2023 Direct
transaction ADBE Common Stock Tax liability $75,091 -199 -0.86% $377.34 22,956 24 Apr 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +1.8% $0.000000 23,380 24 Apr 2023 Direct
transaction ADBE Common Stock Tax liability $79,241 -210 -0.9% $377.34 23,170 24 Apr 2023 Direct F1
holding ADBE Common Stock 667 24 Apr 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 -315 -25% $0.000000 946 24 Apr 2023 Common Stock 315 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -402 -12% $0.000000 2,815 24 Apr 2023 Common Stock 402 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -8.3% $0.000000 4,665 24 Apr 2023 Common Stock 424 $0.000000 Direct F5
* 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 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F5 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.