Anil Chakravarthy - 15 Apr 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
President, DX
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 Apr 2024
Net transactions value
-$278,769
Form type
4
Filing time
17 Apr 2024, 16:51:44 UTC
Previous filing
26 Jan 2024
Next filing
23 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 +761 +2.3% $0.000000 33,865 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $177,228 -377 -1.1% $470.10 33,488 15 Apr 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +437 +1.3% $0.000000 33,925 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $101,542 -216 -0.64% $470.10 33,709 15 Apr 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 Units Options Exercise $0 -761 -8.3% $0.000000 8,365 15 Apr 2024 Common Stock 761 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -437 -6.2% $0.000000 6,557 15 Apr 2024 Common Stock 437 $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 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
F3 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.