Shantanu Narayen - 24 Jul 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Chairman and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Jul 2023
Net transactions value
-$1,120,537
Form type
4
Filing time
26 Jul 2023, 17:12:26 UTC
Previous filing
18 Jul 2023
Next filing
02 Oct 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 +1,756 +0.43% $0.000000 406,218 24 Jul 2023 by trust F1
transaction ADBE Common Stock Tax liability $455,758 -870 -0.21% $523.86 405,348 24 Jul 2023 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,307 +0.32% $0.000000 406,655 24 Jul 2023 by trust F1
transaction ADBE Common Stock Tax liability $339,461 -648 -0.16% $523.86 406,007 24 Jul 2023 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,254 +0.31% $0.000000 407,261 24 Jul 2023 by trust F1
transaction ADBE Common Stock Tax liability $325,317 -621 -0.15% $523.86 406,640 24 Jul 2023 by trust F1, F2
holding ADBE Common Stock 193 24 Jul 2023 Direct

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 -1,756 -33% $0.000000 3,514 24 Jul 2023 Common Stock 1,756 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1,307 -14% $0.000000 7,841 24 Jul 2023 Common Stock 1,307 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -1,254 -9.1% $0.000000 12,542 24 Jul 2023 Common Stock 1,254 $0.000000 Direct F5
* 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 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F5 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.