Mark S. Garfield - Jul 24, 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
SVP & CAO
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jul 24, 2023
Transactions value $
-$58,672
Form type
4
Date filed
7/26/2023, 05:09 PM
Previous filing
Jul 18, 2023
Next filing
Aug 7, 2023

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% $0.00 4.27K Jul 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$8.91K -17 -0.4% $523.86 4.26K Jul 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +101 +2.37% $0.00 4.36K Jul 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$26.2K -50 -1.15% $523.86 4.31K Jul 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +91 +2.11% $0.00 4.4K Jul 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$23.6K -45 -1.02% $523.86 4.35K Jul 24, 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 -33.33% $0.00 72 Jul 24, 2023 Common Stock 36 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -101 -14.35% $0.00 603 Jul 24, 2023 Common Stock 101 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -91 -9.09% $0.00 910 Jul 24, 2023 Common Stock 91 $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 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.