Scott Belsky - Oct 24, 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 24, 2023
Transactions value $
-$1,999,786
Form type
4
Date filed
10/26/2023, 06:39 PM
Previous filing
Oct 17, 2023
Next filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Sale -$1.08M -1.99K -8.49% $544.39 21.5K Oct 24, 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +631 +2.94% $0.00 22.1K Oct 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$188K -348 -1.57% $539.56 21.8K Oct 24, 2023 Direct F2
transaction ADBE Common Stock Options Exercise $0 +469 +2.16% $0.00 22.2K Oct 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$140K -259 -1.17% $539.56 22K Oct 24, 2023 Direct F2
transaction ADBE Common Stock Options Exercise $0 +606 +2.76% $0.00 22.6K Oct 24, 2023 Direct
transaction ADBE Common Stock Tax liability -$181K -335 -1.48% $539.56 22.2K Oct 24, 2023 Direct F2
transaction ADBE Common Stock Sale -$408K -764 -3.44% $533.56 21.5K Oct 25, 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% $0.00 631 Oct 24, 2023 Common Stock 631 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -469 -16.66% $0.00 2.35K Oct 24, 2023 Common Stock 469 $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -606 -10% $0.00 5.45K Oct 24, 2023 Common Stock 606 $0.00 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.