Gloria Chen - Jul 24, 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jul 24, 2023
Transactions value $
-$295,981
Form type
4
Date filed
7/26/2023, 05:22 PM
Previous filing
Jul 18, 2023
Next filing
Sep 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +315 +1.33% $0.00 24.1K Jul 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$81.7K -156 -0.65% $523.86 23.9K Jul 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +402 +1.68% $0.00 24.3K Jul 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$104K -199 -0.82% $523.86 24.1K Jul 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +1.76% $0.00 24.5K Jul 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$110K -210 -0.86% $523.86 24.3K Jul 24, 2023 Direct F1
holding ADBE Common Stock 667 Jul 24, 2023 by trust F2

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 -315 -33.3% $0.00 631 Jul 24, 2023 Common Stock 315 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -402 -14.28% $0.00 2.41K Jul 24, 2023 Common Stock 402 $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -9.09% $0.00 4.24K Jul 24, 2023 Common Stock 424 $0.00 Direct F5
* 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 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
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.