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

Role
Chief Strategy Officer & EVP
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 Apr 2024
Net transactions value
-$407,107
Form type
4
Filing time
17 Apr 2024, 16:52:17 UTC
Previous filing
26 Jan 2024
Next filing
25 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 +996 +4.4% $0.000000 23,640 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $258,555 -550 -2.3% $470.10 23,090 15 Apr 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +572 +2.5% $0.000000 23,662 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $148,552 -316 -1.3% $470.10 23,346 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 -996 -8.3% $0.000000 10,954 15 Apr 2024 Common Stock 996 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -572 -6.2% $0.000000 8,587 15 Apr 2024 Common Stock 572 $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.