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

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jul 24, 2023
Transactions value $
-$322,174
Form type
4
Date filed
7/26/2023, 05:23 PM
Previous filing
Jul 18, 2023
Next filing
Oct 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +451 +2.52% $0.00 18.4K Jul 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$117K -223 -1.21% $523.86 18.2K Jul 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +369 +2.03% $0.00 18.5K Jul 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$95.3K -182 -0.98% $523.86 18.3K Jul 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +2.31% $0.00 18.8K Jul 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$110K -210 -1.12% $523.86 18.6K 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 -451 -33.36% $0.00 901 Jul 24, 2023 Common Stock 451 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -369 -14.3% $0.00 2.21K Jul 24, 2023 Common Stock 369 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -9.09% $0.00 4.24K Jul 24, 2023 Common Stock 424 $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.