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

Role
EVP & CFO
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jul 15, 2023
Transactions value $
-$304,779
Form type
4
Date filed
7/18/2023, 04:30 PM
Previous filing
May 17, 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 +1.13K +6.9% $0.00 17.5K Jul 15, 2023 Direct
transaction ADBE Common Stock Tax liability -$305K -592 -3.38% $514.83 16.9K Jul 15, 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 Units Options Exercise $0 -1.13K -6.67% $0.00 15.8K Jul 15, 2023 Common Stock 1.13K $0.00 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 due at vesting.
F2 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.