Shantanu Narayen - 15 Oct 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role: Chair and CEO, Director
Signature: /s/ Allison Blais, as attorney-in-fact
Issuer symbol: ADBE
Transactions as of: 15 Oct 2023
Net transactions value: -$598,148
Form type: 4
Filing time: 17 Oct 2023, 17:38:57 UTC
Previous filing: 02 Oct 2023
Next filing: 26 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	+2,200	+0.54%	$0.000000	408,840	15 Oct 2023	by trust	F1
transaction	ADBE	Common Stock	Tax liability	$598,148	-1,090	-0.27%	$548.76	407,750	15 Oct 2023	by trust	F1, F2
holding	ADBE	Common Stock						193	15 Oct 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	-2,200	-7.1%	$0.000000	28,597	15 Oct 2023	Common Stock	2,200	$0.000000	Direct	F3

* 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 6.25% quarterly from the vesting commencement date of January 15, 2023.