Shantanu Narayen - 12 Jan 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Chair and CEO, Director
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
12 Jan 2024
Net transactions value
-$657,984
Form type
4
Filing time
17 Jan 2024, 18:12:12 UTC
Previous filing
02 Jan 2024
Next filing
26 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 +2,200 +0.58% $0.000000 380,128 12 Jan 2024 by trust F1
transaction ADBE Common Stock Tax liability $657,984 -1,103 -0.29% $596.54 379,025 12 Jan 2024 by trust F1, F2
holding ADBE Common Stock 193 12 Jan 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 -2,200 -7.7% $0.000000 26,397 12 Jan 2024 Common Stock 2,200 $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 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.