Mark S. Garfield - 24 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
24 Jul 2023
Net transactions value
-$58,672
Form type
4
Filing time
26 Jul 2023, 17:09:11 UTC
Previous filing
18 Jul 2023
Next filing
07 Aug 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 +36 +0.85% $0.000000 4,273 24 Jul 2023 Direct
transaction ADBE Common Stock Tax liability $8,906 -17 -0.4% $523.86 4,256 24 Jul 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +101 +2.4% $0.000000 4,357 24 Jul 2023 Direct
transaction ADBE Common Stock Tax liability $26,193 -50 -1.1% $523.86 4,307 24 Jul 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +91 +2.1% $0.000000 4,398 24 Jul 2023 Direct
transaction ADBE Common Stock Tax liability $23,574 -45 -1% $523.86 4,353 24 Jul 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 -36 -33% $0.000000 72 24 Jul 2023 Common Stock 36 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -101 -14% $0.000000 603 24 Jul 2023 Common Stock 101 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -91 -9.1% $0.000000 910 24 Jul 2023 Common Stock 91 $0.000000 Direct F4
* 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 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.