Shantanu Narayen - Jan 12, 2024 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
Jan 12, 2024
Transactions value $
-$657,984
Form type
4
Date filed
1/17/2024, 06:12 PM
Previous filing
Jan 2, 2024
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 +2.2K +0.58% $0.00 380K Jan 12, 2024 by trust F1
transaction ADBE Common Stock Tax liability -$658K -1.1K -0.29% $596.54 379K Jan 12, 2024 by trust F1, F2
holding ADBE Common Stock 193 Jan 12, 2024 Direct

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 -2.2K -7.69% $0.00 26.4K Jan 12, 2024 Common Stock 2.2K $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 held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
F3 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.