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

Role
Chairman and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Apr 2023
Net transactions value
-$807,508
Form type
4
Filing time
26 Apr 2023, 16:46:48 UTC
Previous filing
18 Apr 2023
Next filing
28 Apr 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 +1,757 +0.4% $0.000000 437,931 24 Apr 2023 by trust F1
transaction ADBE Common Stock Tax liability $328,663 -871 -0.2% $377.34 437,060 24 Apr 2023 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,307 +0.3% $0.000000 438,367 24 Apr 2023 by trust F1
transaction ADBE Common Stock Tax liability $244,516 -648 -0.15% $377.34 437,719 24 Apr 2023 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,254 +0.29% $0.000000 438,973 24 Apr 2023 by trust F1
transaction ADBE Common Stock Tax liability $234,328 -621 -0.14% $377.34 438,352 24 Apr 2023 by trust F1, F2
holding ADBE Common Stock 119 24 Apr 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 -1,757 -25% $0.000000 5,270 24 Apr 2023 Common Stock 1,757 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1,307 -13% $0.000000 9,148 24 Apr 2023 Common Stock 1,307 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -1,254 -8.3% $0.000000 13,796 24 Apr 2023 Common Stock 1,254 $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 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.