Gloria Chen - Nov 30, 2023 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Nov 30, 2023
Transactions value $
-$67,822
Form type
4
Date filed
12/1/2023, 06:58 PM
Previous filing
Oct 26, 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 Options Exercise $0 +224 +0.88% $0.00 25.6K Nov 30, 2023 Direct
transaction ADBE Common Stock Tax liability -$67.8K -111 -0.43% $611.01 25.5K Nov 30, 2023 Direct F1
holding ADBE Common Stock 667 Nov 30, 2023 by trust F2

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 -224 -100% $0.00* 0 Nov 30, 2023 Common Stock 224 $0.00 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 Shares held by The John Kibarian and Gloria Chen Trust, dated 4/8/2004 of which the reporting person is a trustee.
F3 Vests 25% on the first anniversary of the November 30, 2019 vesting commencement date and then 6.25% quarterly thereafter.