Dana Rao - 24 Oct 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2023
Net transactions value
-$331,829
Form type
4
Filing time
26 Oct 2023, 18:42:43 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 Options Exercise $0 +450 +2.4% $0.000000 19,396 24 Oct 2023 Direct
transaction ADBE Common Stock Tax liability $120,322 -223 -1.1% $539.56 19,173 24 Oct 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +369 +1.9% $0.000000 19,542 24 Oct 2023 Direct
transaction ADBE Common Stock Tax liability $98,200 -182 -0.93% $539.56 19,360 24 Oct 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +2.2% $0.000000 19,784 24 Oct 2023 Direct
transaction ADBE Common Stock Tax liability $113,308 -210 -1.1% $539.56 19,574 24 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 -450 -50% $0.000000 451 24 Oct 2023 Common Stock 450 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -369 -17% $0.000000 1,843 24 Oct 2023 Common Stock 369 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -10% $0.000000 3,817 24 Oct 2023 Common Stock 424 $0.000000 Direct F4
* 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 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.