Mark S. Garfield - 15 Jul 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
SVP & CAO
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 Jul 2023
Net transactions value
-$48,394
Form type
4
Filing time
18 Jul 2023, 16:31:08 UTC
Previous filing
20 Jun 2023
Next filing
26 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +190 +4.6% $0.000000 4,331 15 Jul 2023 Direct F1
transaction ADBE Common Stock Tax liability $48,394 -94 -2.2% $514.83 4,237 15 Jul 2023 Direct 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 -190 -6.7% $0.000000 2,662 15 Jul 2023 Common Stock 190 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 55.802 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 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.