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

Role
President, Digital Media
Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 15, 2024
Transactions value $
-$278,769
Form type
4
Date filed
4/17/2024, 04:53 PM
Previous filing
Mar 18, 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 +761 +8.04% $0.00 10.2K Apr 15, 2024 Direct
transaction ADBE Common Stock Tax liability -$177K -377 -3.69% $470.10 9.85K Apr 15, 2024 Direct F1
transaction ADBE Common Stock Options Exercise $0 +437 +4.44% $0.00 10.3K Apr 15, 2024 Direct
transaction ADBE Common Stock Tax liability -$102K -216 -2.1% $470.10 10.1K Apr 15, 2024 Direct F1
holding ADBE Common Stock 355 Apr 15, 2024 By Trust F2

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 -8.34% $0.00 8.37K Apr 15, 2024 Common Stock 761 $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -437 -6.25% $0.00 6.56K Apr 15, 2024 Common Stock 437 $0.00 Direct F4
* 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 All shares held by the 2006 Wadhwani Family Trust dtd 04/26/2006, of which the reporting person is a trustee, with the exception of 92 shares held by the Wadhwani 2020 Family GST Trusts dtd 12/06/2020 for the benefit of Mr. Wadhwani's children, of which the reporting person is the trustee.
F3 Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.
F4 Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.