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

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Jul 2023
Net transactions value
-$295,981
Form type
4
Filing time
26 Jul 2023, 17:22:18 UTC
Previous filing
18 Jul 2023
Next filing
01 Sep 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 +315 +1.3% $0.000000 24,061 24 Jul 2023 Direct
transaction ADBE Common Stock Tax liability $81,722 -156 -0.65% $523.86 23,905 24 Jul 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +402 +1.7% $0.000000 24,307 24 Jul 2023 Direct
transaction ADBE Common Stock Tax liability $104,248 -199 -0.82% $523.86 24,108 24 Jul 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +1.8% $0.000000 24,532 24 Jul 2023 Direct
transaction ADBE Common Stock Tax liability $110,011 -210 -0.86% $523.86 24,322 24 Jul 2023 Direct F1
holding ADBE Common Stock 667 24 Jul 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% $0.000000 631 24 Jul 2023 Common Stock 315 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -402 -14% $0.000000 2,413 24 Jul 2023 Common Stock 402 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -9.1% $0.000000 4,241 24 Jul 2023 Common Stock 424 $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 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.