Gloria Chen - May 30, 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role: EVP, Chief People Officer
Signature: /s/ Allison Blais, as attorney-in-fact
Stock symbol: ADBE
Transactions as of: May 30, 2023
Transactions value $: -$46,310
Form type: 4
Date filed: 5/31/2023, 05:03 PM
Previous filing: Apr 26, 2023
Next filing: Jul 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADBE	Common Stock	Options Exercise	$0	+224	+0.97%	$0.00	23.4K	May 30, 2023	Direct
transaction	ADBE	Common Stock	Tax liability	-$46.3K	-111	-0.47%	$417.21	23.3K	May 30, 2023	Direct	F1
holding	ADBE	Common Stock						667	May 30, 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	-224	-33.33%	$0.00	448	May 30, 2023	Common Stock	224	$0.00	Direct	F3

* 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 November 30, 2019 vesting commencement date and then 6.25% quarterly thereafter.