Gloria Chen - 15 Oct 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: 15 Oct 2023
Net transactions value: -$209,078
Form type: 4
Filing time: 17 Oct 2023, 17:39:59 UTC
Previous filing: 01 Sep 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	+769	+3.1%	$0.000000	25,204	15 Oct 2023	Direct
transaction	ADBE	Common Stock	Tax liability	$209,078	-381	-1.5%	$548.76	24,823	15 Oct 2023	Direct	F1
holding	ADBE	Common Stock						667	15 Oct 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	-769	-7.1%	$0.000000	10,004	15 Oct 2023	Common Stock	769	$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 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 6.25% quarterly from the vesting commencement date of January 15, 2023.