Anil Chakravarthy - 24 Oct 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
President, DX
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
24 Oct 2023
Net transactions value
-$322,657
Form type
4
Filing time
26 Oct 2023, 18:51:15 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 +603 +2.2% $0.000000 28,077 24 Oct 2023 Direct
transaction ADBE Common Stock Tax liability $160,789 -298 -1.1% $539.56 27,779 24 Oct 2023 Direct F1
transaction ADBE Common Stock Options Exercise $0 +606 +2.2% $0.000000 28,385 24 Oct 2023 Direct
transaction ADBE Common Stock Tax liability $161,868 -300 -1.1% $539.56 28,085 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 -603 -17% $0.000000 3,016 24 Oct 2023 Common Stock 603 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -606 -10% $0.000000 5,453 24 Oct 2023 Common Stock 606 $0.000000 Direct F3
* 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, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F3 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.