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

Role
President, Digital Media
Signature
/s/ Allison Blais, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Jan 12, 2024
Transactions value $
-$165,242
Form type
4
Date filed
1/17/2024, 06:14 PM
Previous filing
Jan 4, 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 +760 +9.98% $0.00 8.37K Jan 12, 2024 Direct
transaction ADBE Common Stock Tax liability -$165K -277 -3.31% $596.54 8.1K Jan 12, 2024 Direct F1
holding ADBE Common Stock 355 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 -760 -7.69% $0.00 9.13K Jan 12, 2024 Common Stock 760 $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 All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006 of which the reporting person is a trustee with exception of 92 shares in trust for the benefit of Mr. Wadhwani's children.
F3 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.