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

Role
Chairman and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2023
Transactions value $
-$807,508
Form type
4
Date filed
4/26/2023, 04:46 PM
Previous filing
Apr 18, 2023
Next filing
Apr 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +1.76K +0.4% $0.00 438K Apr 24, 2023 by trust F1
transaction ADBE Common Stock Tax liability -$329K -871 -0.2% $377.34 437K Apr 24, 2023 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.31K +0.3% $0.00 438K Apr 24, 2023 by trust F1
transaction ADBE Common Stock Tax liability -$245K -648 -0.15% $377.34 438K Apr 24, 2023 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.25K +0.29% $0.00 439K Apr 24, 2023 by trust F1
transaction ADBE Common Stock Tax liability -$234K -621 -0.14% $377.34 438K Apr 24, 2023 by trust F1, F2
holding ADBE Common Stock 119 Apr 24, 2023 Direct

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 -1.76K -25% $0.00 5.27K Apr 24, 2023 Common Stock 1.76K $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1.31K -12.5% $0.00 9.15K Apr 24, 2023 Common Stock 1.31K $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -1.25K -8.33% $0.00 13.8K Apr 24, 2023 Common Stock 1.25K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
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.