Daniel Durn - 15 Feb 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP & CFO
Signature
/s/ Allison Blais, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 Feb 2024
Net transactions value
-$1,185,604
Form type
4
Filing time
15 Feb 2024, 19:39:37 UTC
Previous filing
26 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 +3,837 +20% $0.000000 23,368 15 Feb 2024 Direct
transaction ADBE Common Stock Tax liability $1,185,604 -2,008 -8.6% $590.44 21,360 15 Feb 2024 Direct F1

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 Unit Options Exercise $0 -3,837 -25% $0.000000 11,510 15 Feb 2024 Common Stock 3,837 $0.000000 Direct F2
* 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 Vests quarterly for three years from the November 15, 2021 vesting commencement date.