Shantanu Narayen - Apr 24, 2024 Form 4 Insider Report for ADOBE INC. (ADBE)

Role
Chair and CEO, Director
Signature
/s/ Jillian Forusz, as attorney-in-fact
Stock symbol
ADBE
Transactions as of
Apr 24, 2024
Transactions value $
-$605,465
Form type
4
Date filed
4/25/2024, 07:18 PM
Previous filing
Apr 17, 2024
Next filing
Apr 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADBE Common Stock Options Exercise $0 +1.31K +0.32% $0.00 405K Apr 24, 2024 by trust F1
transaction ADBE Common Stock Tax liability -$309K -648 -0.16% $477.12 404K Apr 24, 2024 by trust F1, F2
transaction ADBE Common Stock Options Exercise $0 +1.25K +0.31% $0.00 405K Apr 24, 2024 by trust F1
transaction ADBE Common Stock Tax liability -$296K -621 -0.15% $477.12 405K Apr 24, 2024 by trust F1, F2
holding ADBE Common Stock 193 Apr 24, 2024 Direct

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 -1.31K -25% $0.00 3.92K Apr 24, 2024 Common Stock 1.31K $0.00 Direct F3
transaction ADBE Restricted Stock Units Options Exercise $0 -1.25K -12.5% $0.00 8.78K Apr 24, 2024 Common Stock 1.25K $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 held by The Narayen Family Trust, dtd 11/30/00 of which reporting person is a trustee.
F2 Shares surrendered to pay tax liability due at vesting.
F3 Vests 25% on the first anniversary of the January 24, 2021 vesting commencement date and then 6.25% quarterly thereafter.
F4 Vests 25% on the first anniversary of the January 24, 2022 vesting commencement date and then 6.25% quarterly thereafter.