Gloria Chen - 24 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
24 Jan 2024
Net transactions value
-$1,867,352
Form type
4
Filing time
26 Jan 2024, 19:38:41 UTC
Previous filing
17 Jan 2024
Next filing
17 Apr 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 +5,340 +21% $0.000000 31,341 24 Jan 2024 Direct
transaction ADBE Common Stock Tax liability $1,589,584 -2,621 -8.4% $606.48 28,720 24 Jan 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +316 +1.1% $0.000000 29,036 24 Jan 2024 Direct
transaction ADBE Common Stock Tax liability $66,106 -109 -0.38% $606.48 28,927 24 Jan 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +402 +1.4% $0.000000 29,329 24 Jan 2024 Direct
transaction ADBE Common Stock Tax liability $84,301 -139 -0.47% $606.48 29,190 24 Jan 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +424 +1.5% $0.000000 29,614 24 Jan 2024 Direct
transaction ADBE Common Stock Tax liability $127,361 -210 -0.71% $606.48 29,404 24 Jan 2024 Direct F1
holding ADBE Common Stock 667 24 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 Performance Shares Options Exercise $0 -5,340 -100% $0.000000* 0 24 Jan 2024 Common Stock 5,340 $0.000000 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -316 -100% $0.000000* 0 24 Jan 2024 Common Stock 316 $0.000000 Direct F4
transaction ADBE Restricted Stock Units Options Exercise $0 -402 -20% $0.000000 1,609 24 Jan 2024 Common Stock 402 $0.000000 Direct F5
transaction ADBE Restricted Stock Units Options Exercise $0 -424 -11% $0.000000 3,393 24 Jan 2024 Common Stock 424 $0.000000 Direct F6
transaction ADBE Restricted Stock Units Award $0 +7,078 $0.000000 7,078 24 Jan 2024 Common Stock 7,078 $0.000000 Direct F7
* 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 The Performance Shares vested in full upon the certification of performance goal achievement at 83% following the three-year anniversary of the January 24, 2021 vesting commencement date.
F4 Vests 25% on the first anniversary of the January 24, 2020 vesting commencement date and then 6.25% quarterly thereafter.
F5 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F6 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.
F7 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.