Dana Rao - Jan 12, 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jan 12, 2024
Transactions value $
-$167,628
Form type
4
Date filed
1/17/2024, 06:11 PM
Previous filing
Oct 26, 2023
Next filing
Jan 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +770 +3.93% $0.00 20.3K Jan 12, 2024 Direct
transaction ADBE Common Stock Tax liability -$168K -281 -1.38% $596.54 20.1K Jan 12, 2024 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 -770 -7.7% $0.00 9.23K Jan 12, 2024 Common Stock 770 $0.00 Direct F2
* 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 6.25% quarterly from the vesting commencement date of January 15, 2023.