Shantanu Narayen - 24 Oct 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Chair and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2023
Net transactions value
-$1,154,119
Form type
4
Filing time
26 Oct 2023, 18:47:18 UTC
Previous filing
17 Oct 2023
Next filing
26 Dec 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 +1,757 +0.43% $0.000000 409,507 24 Oct 2023 by trust F1
transaction ADBE Common Stock Tax liability $469,957 -871 -0.21% $539.56 408,636 24 Oct 2023 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,306 +0.32% $0.000000 409,942 24 Oct 2023 by trust F1
transaction ADBE Common Stock Tax liability $349,095 -647 -0.16% $539.56 409,295 24 Oct 2023 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1,254 +0.31% $0.000000 410,549 24 Oct 2023 by trust F1
transaction ADBE Common Stock Tax liability $335,067 -621 -0.15% $539.56 409,928 24 Oct 2023 by trust F1, F2
holding ADBE Common Stock 193 24 Oct 2023 Direct

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 -1,757 -50% $0.000000 1,757 24 Oct 2023 Common Stock 1,757 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1,306 -17% $0.000000 6,535 24 Oct 2023 Common Stock 1,306 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -1,254 -10% $0.000000 11,288 24 Oct 2023 Common Stock 1,254 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
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.