Daniel Durn - 15 May 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP & CFO
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 May 2023
Net transactions value
-$694,105
Form type
4
Filing time
17 May 2023, 17:00:59 UTC
Previous filing
26 Apr 2023
Next filing
18 Jul 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 +3,837 +26% $0.000000 18,410 15 May 2023 Direct
transaction ADBE Common Stock Tax liability $694,105 -2,008 -11% $345.67 16,402 15 May 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 Unit Options Exercise $0 -3,837 -14% $0.000000 23,020 15 May 2023 Common Stock 3,837 $0.000000 Direct F2
* 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 at vesting.
F2 Vests quarterly for three years from the November 15, 2021 vesting commencement date.