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

Role
EVP, Gen. Counsel & Secretary
Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 15, 2024
Transactions value $
-$282,060
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 +769 +3.3% $0.00 24.1K Apr 15, 2024 Direct
transaction ADBE Common Stock Tax liability -$179K -381 -1.58% $470.10 23.7K Apr 15, 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +442 +1.87% $0.00 24.1K Apr 15, 2024 Direct
transaction ADBE Common Stock Tax liability -$103K -219 -0.91% $470.10 23.9K 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 -769 -8.33% $0.00 8.47K Apr 15, 2024 Common Stock 769 $0.00 Direct F2
transaction ADBE Restricted Stock Units Options Exercise $0 -442 -6.24% $0.00 6.64K Apr 15, 2024 Common Stock 442 $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.