Shantanu Narayen - Dec 22, 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
Dec 22, 2023
Transactions value $
-$19,145,000
Form type
4
Date filed
12/26/2023, 05:36 PM
Previous filing
Oct 26, 2023
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Sale -$4.98M -8.34K -2.03% $597.08 402K Dec 22, 2023 by trust F1, F2
transaction ADBE Common Stock Sale -$6.16M -10.3K -2.56% $598.11 391K Dec 22, 2023 by trust F2, F3
transaction ADBE Common Stock Sale -$5.52M -9.22K -2.36% $598.84 382K Dec 22, 2023 by trust F2, F4
transaction ADBE Common Stock Sale -$2.49M -4.16K -1.09% $599.87 378K Dec 22, 2023 by trust F2, F5
holding ADBE Common Stock 193 Dec 22, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $596.505 to $597.49. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F2 Shares held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F3 This transaction was executed in multiple trades at prices ranging from $597.505 to $598.49. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F4 This transaction was executed in multiple trades at prices ranging from $598.51 to $599.5. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F5 This transaction was executed in multiple trades at prices ranging from $599.505 to $600.3. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.