Belsky Scott - 24 Oct 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Chief Strategy Officer & EVP
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2023
Net transactions value
-$1,999,786
Form type
4
Filing time
26 Oct 2023, 18:39:43 UTC
Previous filing
17 Oct 2023
Next filing
17 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Sale $1,083,880 -1,991 -8.5% $544.39 21,467 24 Oct 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +631 +2.9% $0.000000 22,098 24 Oct 2023 Direct
transaction ADBE Common Stock Tax liability $187,767 -348 -1.6% $539.56 21,750 24 Oct 2023 Direct F2
transaction ADBE Common Stock Options Exercise $0 +469 +2.2% $0.000000 22,219 24 Oct 2023 Direct
transaction ADBE Common Stock Tax liability $139,746 -259 -1.2% $539.56 21,960 24 Oct 2023 Direct F2
transaction ADBE Common Stock Options Exercise $0 +606 +2.8% $0.000000 22,566 24 Oct 2023 Direct
transaction ADBE Common Stock Tax liability $180,753 -335 -1.5% $539.56 22,231 24 Oct 2023 Direct F2
transaction ADBE Common Stock Sale $407,640 -764 -3.4% $533.56 21,467 25 Oct 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 -631 -50% $0.000000 631 24 Oct 2023 Common Stock 631 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -469 -17% $0.000000 2,346 24 Oct 2023 Common Stock 469 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -606 -10% $0.000000 5,453 24 Oct 2023 Common Stock 606 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 2, 2023.
F2 Shares surrendered to pay tax liability due at vesting.
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.