Gloria Chen - Jul 15, 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
Jul 15, 2023
Transactions value $
-$196,150
Form type
4
Date filed
7/18/2023, 04:30 PM
Previous filing
May 31, 2023
Next filing
Jul 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +770 +3.3% $0.00 24.1K Jul 15, 2023 Direct F1
transaction ADBE Common Stock Tax liability -$196K -381 -1.58% $514.83 23.7K Jul 15, 2023 Direct F2
holding ADBE Common Stock 667 Jul 15, 2023 by trust F3

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 -770 -6.67% $0.00 10.8K Jul 15, 2023 Common Stock 770 $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 74.201 shares acquired on June 30, 2023 pursuant to Adobe's 2020 Employee Stock Purchase Plan.
F2 Shares surrendered to pay tax liability due at vesting.
F3 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
F4 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.