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

Role
President, Digital Media
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jul 15, 2023
Transactions value $
-$193,576
Form type
4
Date filed
7/18/2023, 04:32 PM
Previous filing
Jun 15, 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 +760 +7.32% $0.00 11.1K Jul 15, 2023 Direct F1
transaction ADBE Common Stock Tax liability -$194K -376 -3.37% $514.83 10.8K Jul 15, 2023 Direct F2
holding ADBE Common Stock 355 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 -760 -6.66% $0.00 10.6K Jul 15, 2023 Common Stock 760 $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 All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006 of which the reporting person is a trustee with exception of 92 shares in trust for the benefit of Mr. Wadhwani's children.
F4 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.