Scott Belsky - Oct 15, 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role: Chief Strategy Officer & EVP
Signature: /s/ Allison Blais, as attorney-in-fact
Stock symbol: ADBE
Transactions as of: Oct 15, 2023
Transactions value $: -$301,818
Form type: 4
Date filed: 10/17/2023, 05:43 PM
Previous filing: Jul 26, 2023
Next filing: Oct 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADBE	Common Stock	Options Exercise	$0	+996	+4.33%	$0.00	24K	Oct 15, 2023	Direct
transaction	ADBE	Common Stock	Tax liability	-$302K	-550	-2.29%	$548.76	23.5K	Oct 15, 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	-996	-7.14%	$0.00	12.9K	Oct 15, 2023	Common Stock	996	$0.00	Direct	F2

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