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

Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jun 22, 2023
Transactions value $
-$16,731,218
Form type
4
Date filed
6/22/2023, 07:06 PM
Previous filing
Apr 28, 2023
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Sale -$2.87M -6.03K -1.37% $475.57 432K Jun 22, 2023 by trust F1, F2
transaction ADBE Common Stock Sale -$1.5M -3.15K -0.73% $476.56 429K Jun 22, 2023 by trust F2, F3
transaction ADBE Common Stock Sale -$2.31M -4.83K -1.13% $477.91 424K Jun 22, 2023 by trust F2, F4
transaction ADBE Common Stock Sale -$6.52M -13.6K -3.21% $478.53 411K Jun 22, 2023 by trust F2, F5
transaction ADBE Common Stock Sale -$2.62M -5.46K -1.33% $479.60 405K Jun 22, 2023 by trust F2, F6
transaction ADBE Common Stock Sale -$917K -1.91K -0.47% $480.58 403K Jun 22, 2023 by trust F2, F7
holding ADBE Common Stock 119 Jun 22, 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.