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

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, 06:12 PM
Previous filing
Dec 1, 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 +3.02% $0.00 26.3K Jan 12, 2024 Direct
transaction ADBE Common Stock Tax liability -$168K -281 -1.07% $596.54 26K Jan 12, 2024 Direct F1
holding ADBE Common Stock 667 Jan 12, 2024 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 -770 -7.7% $0.00 9.23K Jan 12, 2024 Common Stock 770 $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 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 6.25% quarterly from the vesting commencement date of January 15, 2023.