Dana Rao - 15 Apr 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Jillian Forusz, as attorney-in-fact
Issuer symbol
ADBE
Transactions as of
15 Apr 2024
Net transactions value
-$282,060
Form type
4
Filing time
17 Apr 2024, 16:52:48 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 +769 +3.3% $0.000000 24,062 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $179,108 -381 -1.6% $470.10 23,681 15 Apr 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +442 +1.9% $0.000000 24,123 15 Apr 2024 Direct
transaction ADBE Common Stock Tax liability $102,952 -219 -0.91% $470.10 23,904 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 -769 -8.3% $0.000000 8,465 15 Apr 2024 Common Stock 769 $0.000000 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -442 -6.2% $0.000000 6,636 15 Apr 2024 Common Stock 442 $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.