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

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2023
Transactions value $
-$232,064
Form type
4
Date filed
4/26/2023, 04:47 PM
Previous filing
Apr 18, 2023
Next filing
Jun 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +450 +2.31% $0.00 19.9K Apr 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$84.1K -223 -1.12% $377.34 19.7K Apr 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +368 +1.87% $0.00 20K Apr 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$68.7K -182 -0.91% $377.34 19.9K Apr 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +2.14% $0.00 20.3K Apr 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$79.2K -210 -1.04% $377.34 20.1K 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 -450 -24.97% $0.00 1.35K Apr 24, 2023 Common Stock 450 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -368 -12.48% $0.00 2.58K Apr 24, 2023 Common Stock 368 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -8.33% $0.00 4.67K Apr 24, 2023 Common Stock 424 $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.