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

Role
EVP, Chief People Officer
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
12 Jan 2024
Net transactions value
-$167,628
Form type
4
Filing time
17 Jan 2024, 18:12:42 UTC
Previous filing
01 Dec 2023
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 +770 +3% $0.000000 26,282 12 Jan 2024 Direct
transaction ADBE Common Stock Tax liability $167,628 -281 -1.1% $596.54 26,001 12 Jan 2024 Direct F1
holding ADBE Common Stock 667 12 Jan 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% $0.000000 9,234 12 Jan 2024 Common Stock 770 $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 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.