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

Role
Chair and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Oct 24, 2023
Transactions value $
-$1,154,119
Form type
4
Date filed
10/26/2023, 06:47 PM
Previous filing
Oct 17, 2023
Next filing
Dec 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +1.76K +0.43% $0.00 410K Oct 24, 2023 by trust F1
transaction ADBE Common Stock Tax liability -$470K -871 -0.21% $539.56 409K Oct 24, 2023 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.31K +0.32% $0.00 410K Oct 24, 2023 by trust F1
transaction ADBE Common Stock Tax liability -$349K -647 -0.16% $539.56 409K Oct 24, 2023 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.25K +0.31% $0.00 411K Oct 24, 2023 by trust F1
transaction ADBE Common Stock Tax liability -$335K -621 -0.15% $539.56 410K Oct 24, 2023 by trust F1, F2
holding ADBE Common Stock 193 Oct 24, 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 -1.76K -50% $0.00 1.76K Oct 24, 2023 Common Stock 1.76K $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1.31K -16.66% $0.00 6.54K Oct 24, 2023 Common Stock 1.31K $0.00 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -1.25K -10% $0.00 11.3K Oct 24, 2023 Common Stock 1.25K $0.00 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.