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

Role
Chairman and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jul 15, 2023
Transactions value $
-$561,165
Form type
4
Date filed
7/18/2023, 04:31 PM
Previous filing
Jul 5, 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 +2.2K +0.55% $0.00 406K Jul 15, 2023 by trust F1
transaction ADBE Common Stock Tax liability -$561K -1.09K -0.27% $514.83 404K Jul 15, 2023 by trust F1, F2
holding ADBE Common Stock 193 Jul 15, 2023 Direct 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 -2.2K -6.67% $0.00 30.8K Jul 15, 2023 Common Stock 2.2K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
F3 Includes 74.201 shares acquired on June 30, 2023 pursuant to Adobe's 2020 Employee Stock Purchase Plan.
F4 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.