Scott Belsky - Apr 15, 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 15, 2024
Transactions value $
-$407,107
Form type
4
Date filed
4/17/2024, 04:52 PM
Previous filing
Jan 26, 2024
Next filing
Apr 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +996 +4.4% $0.00 23.6K Apr 15, 2024 Direct
transaction ADBE Common Stock Tax liability -$259K -550 -2.33% $470.10 23.1K Apr 15, 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +572 +2.48% $0.00 23.7K Apr 15, 2024 Direct
transaction ADBE Common Stock Tax liability -$149K -316 -1.34% $470.10 23.3K Apr 15, 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 -996 -8.33% $0.00 11K Apr 15, 2024 Common Stock 996 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -572 -6.25% $0.00 8.59K Apr 15, 2024 Common Stock 572 $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 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.