Shantanu Narayen - 22 Jun 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
22 Jun 2023
Net transactions value
-$16,731,218
Form type
4
Filing time
22 Jun 2023, 19:06:35 UTC
Previous filing
28 Apr 2023
Next filing
05 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Sale $2,865,774 -6,026 -1.4% $475.57 432,326 22 Jun 2023 by trust F1, F2
transaction ADBE Common Stock Sale $1,499,747 -3,147 -0.73% $476.56 429,179 22 Jun 2023 by trust F2, F3
transaction ADBE Common Stock Sale $2,309,241 -4,832 -1.1% $477.91 424,347 22 Jun 2023 by trust F2, F4
transaction ADBE Common Stock Sale $6,519,468 -13,624 -3.2% $478.53 410,723 22 Jun 2023 by trust F2, F5
transaction ADBE Common Stock Sale $2,619,560 -5,462 -1.3% $479.60 405,261 22 Jun 2023 by trust F2, F6
transaction ADBE Common Stock Sale $917,427 -1,909 -0.47% $480.58 403,352 22 Jun 2023 by trust F2, F7
holding ADBE Common Stock 119 22 Jun 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $475.12 to $476.11. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F2 Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F3 This transaction was executed in multiple trades at prices ranging from $476.125 to $477.12. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F4 This transaction was executed in multiple trades at prices ranging from $477.17 to $478.16. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F5 This transaction was executed in multiple trades at prices ranging from $478.175 to $479.15. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F6 This transaction was executed in multiple trades at prices ranging from $479.20 to $480.18. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F7 This transaction was executed in multiple trades at prices ranging from $480.20 to $480.93. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.