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

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
30 Nov 2023
Net transactions value
-$67,822
Form type
4
Filing time
01 Dec 2023, 18:58:11 UTC
Previous filing
26 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 +224 +0.88% $0.000000 25,623 30 Nov 2023 Direct
transaction ADBE Common Stock Tax liability $67,822 -111 -0.43% $611.01 25,512 30 Nov 2023 Direct F1
holding ADBE Common Stock 667 30 Nov 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% $0.000000* 0 30 Nov 2023 Common Stock 224 $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 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.